This non-disclosure agreement (the “Agreement”) is entered into between you, as the owner of the idea (the “Customer”), and 8020 Software Factory, part of Skjld Labs AS (a company being established in Norway) (“8020”, “we” or “us”).
1. Confidential information
Includes: Your business idea, business model, customer base, marketing strategy, financial information and personal data.
Does NOT include: General concepts, our existing knowledge, generic functionality and open-source software.
2. Use of information
Our obligations
- • Treat your business information as confidential
- • Not develop competing products based on your unique idea
- • Not share your information with third parties without consent
Our rights
- • Use general knowledge and experience
- • Develop similar solutions for other customers
- • Reuse generic components and methods
3. Independent development
You acknowledge that 8020 / Skjld Labs AS works with many customers and may receive similar ideas from other sources.
4. Duration
Obligations concerning your confidential business information apply for 3 (three) years.
5. Right to reject
8020 / Skjld Labs AS reserves the right to reject submitted ideas with or without giving a reason.