Brand Resort Disclosure AgreementEffective Date: January 30, 2024
1. Introduction:This Disclosure Agreement ("Agreement") is entered into by and between BELAVIDA THEME PARK AND RESORT, located at Brgy. Daniw, Victoria, Laguna herein referred to as the "Resort," and the undersigned party, herein referred to as the "Recipient."
2. Purpose:The purpose of this Agreement is to disclose information related to the operation, services, and unique features of BELAVIDA THEME PARK AND RESORT, the first-of-its-kind resort in the Philippines.
3. Confidential Information:Definition: For the purposes of this Agreement, "Confidential Information" refers to any information, data, or material provided by the Resort that is not generally known to the public and is considered proprietary and confidential.Examples: Confidential Information includes, but is not limited to, business plans, marketing strategies, financial data, architectural designs, technological innovations, and any other information that gives the Resort a competitive advantage.
4. Obligations of the Recipient:The Recipient agrees to:Non-Disclosure: Maintain the confidentiality of the Confidential Information and not disclose it to any third party without the prior written consent of the BELAVIDA THEME PARK AND RESORT.
Use Limitation: Use the Confidential Information solely for the purpose of evaluating and discussing potential engagements with the Resort.Protection: Take all reasonable precautions to prevent unauthorized disclosure of the Confidential Information.
5. Duration of Confidentiality:The obligations of confidentiality outlined in this Agreement shall remain in effect for a period of 2 years from the Effective Date January 30, 2024.
6. Exceptions:The obligations of confidentiality shall not apply to information that:
Is already known to the Recipient at the time of disclosure. Becomes publicly available through no fault of the Recipient. Is independently developed by the Recipient without reference to the Confidential Information.
7. Return or Destruction of Information:Upon the written request of the Resort or the termination of discussions between the parties, the Recipient shall promptly return or destroy all copies of the Confidential Information in its possession.
8. Governing Law:This Agreement shall be governed by and construed in accordance with the laws of Philippines.
9. Miscellaneous:Entire Agreement: This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements or understandings, whether oral or written. Amendments:
Any amendments or modifications to this Agreement must be made in writing and signed by both parties.IN WITNESS WHEREOF, the parties hereto have executed this Disclosure Agreement as of the Effective Date.Resort: Bela Vida Resort, Brgy, Daniw Victoria Laguna:
Mary Jean Serrazanetti
BELAVIDA THEME PARK AND RESORT, Brgy, Daniw Victoria Laguna