MASTERMIND NON-DISCLOSURE AGREEMENT
This Mastermind Non-Disclosure Agreement (the “Agreement”) is entered into by the following individuals:
- Carey Niekrash
- Misty Lynch
- Stacy Murphy
collectively referred to as the Mastermind Members (the “Members”), related to the Mastermind Group (“Mastermind Group” or “Group”), this 1st day of March, 2020.
1. Purpose of Agreement
The purpose of this Agreement is to establish group guidelines to protect Members, keep necessary information confidential, promote cooperation and foster trust, honesty and respect.
The Members have voluntarily agreed to enter into this Group and to abide by the following as outlined below.
In order to foster an environment of trust and openness, Members agree that all conversations, strategies, ideas, thoughts, methods and documents shared amongst the Members shall be maintained in the strictest confidence and shall not be shared with anyone outside of the Group.
Further, in the course of Group discussions, Members will discuss areas of common or similar business interests. These discussions may include the disclosure of Confidential Information (as further defined below).
3. Definition of Confidential Information
For purposes of this Agreement, “Confidential Information” shall include information that has or could have commercial value, personal information about Members, strategies or methods jointly developed or discussed amongst Members and any other information, data, methods or procedures communicated amongst the Members that is not generally known to the public.
Confidential Information shall include communications transmitted both in written or oral form.
4. Exclusions from Confidential Information
The Members’ non-disclosure obligations under this Agreement do not extend to the following types of information:
- Information that is publicly known at the time of disclosure or subsequently becomes publicly known;
- Information that is communicated between or amongst Members outside of the Mastermind relationship;
- Information that is disclosed by a Member with the permission of the other Member(s).
5. Obligations of Members
Members who have received Confidential Information shall maintain such information in strict confidence for the benefit of other Members. Each Member shall carefully restrict outside access to Mastermind discussions and communications.
Members shall always behave in an open and respectful way towards other Members. Any personal disagreements should be openly discussed and Members agree to act in the best interest of the Group.
This Agreement does not create a partnership, joint venture, employer/employee or any other contractual relationship.
7. Violations or Breaches
Should any Member violate or breach a term in this Agreement, that Member can be immediately removed from the Mastermind Group.
If the violation or breach causes damages, loss of business or income, loss of reputation or any other harm, the violating Member can be subject to legal consequences.
8. Voluntary Disengagement
Any Member may voluntarily leave the Mastermind Group at any time for any reason. The exiting Member shall let other Members know of his or her intent to leave the group as soon as possible. No refund will be issued.
The Mastermind Group will continue until the 1st day of June, 2020.
Payments made by the Client are due upon receipt of the invoice, which must be paid in full before work is to begin. Payment is accepted via credit card, Venmo, PayPal, or check. If the Client chooses to pay via check, Liz Theresa and Ashley Mason reserve the right to postpone work to ensure the check clears. Because Liz Theresa & Ashley Mason provide a service-based product, no monetary refunds will be provided once the Mastermind has started. The Client reserves the right to revoke payment at any point before clearance of funds. The Client reserves the right to cancel participation in the Mastermind at any time without a refund.
10. Time Period
This confidentiality provisions of this Agreement shall survive the termination of this Agreement, the dissolution of the Group and/or the voluntary exit of any Member. All information shall be maintained in confidence unless Members agree otherwise.
If any provision of this Agreement is unenforceable, that provision shall be deemed amended to achieve as near as possible the same effect as the original provision and the remainder of this Agreement shall remain in effect and not be affected or impaired.
This Agreement expresses the totality of the relationship amongst the Members and shall supersede any prior agreements. This Agreement may not be amended except by a writing signed by all Members.
The failure to exercise any right as provided in this Agreement shall not be considered a waiver of prior or subsequent rights.
All Members acknowledge that they have read and understand this Agreement and agree voluntarily to be bound by the terms and obligations of this Agreement.
All Members agree to the terms in this Agreement by including electronic signatures below.