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Interview Nondisclosure Agreement

Date Updated: March 3, 2023

In connection with certain employment (or service provider) related interviews or discussions with Velocity Global, LLC. (“Company”), Company has allowed you access, or may allow you access, to business, technical or other information, materials and/or ideas relating to Company’s products, services, technology and business (“Proprietary Information”). By submitting an application to Company for employment (or as a service provider) or by otherwise accepting this Nondisclosure Agreement during the electronic application process, you acknowledge that you have read and agree to be bound by all of the terms hereof.

In consideration of any disclosures and the opportunity to participate in such interviews or discussions with Company, you agree as follows:

  1. You will hold in strict confidence and will not possess or use (except as part of your participation in such interviews with Company) or disclose any Proprietary Information except information you can document (a) is readily publicly available through no fault of yours, or (b) was properly known to you without restriction prior to disclosure by Company. Nothing herein grants you a license to any Proprietary Information, and Company retains all right, title and interest thereto.
  2. In connection with your discussions or interviews with Company, if you provide Company any work product, feedback, ideas, information, concepts or suggestions regarding any Proprietary Information or relating in any way to Company’s business, products, technology or research and development (whether written or verbal) (“Feedback”), you grant Company, without charge, a fully paid-up, irrevocable right and license to use, share, commercialize and otherwise fully exercise and exploit your Feedback and all related rights (and to allow others to do so) in any way and for any purpose. These rights survive termination of this agreement in perpetuity.
  3. If asked by Company at any time, you will promptly return all Proprietary Information and all copies and extracts thereof. You understand that this Agreement does not obligate Company to disclose any information or negotiate or enter into any agreement or relationship. The terms of this Agreement will remain in effect with respect to any particular Proprietary Information until you can document that such Proprietary Information falls into one of the exceptions stated in Paragraph 1 above.
  4. This Agreement is personal to you, is non-assignable by you, is governed by the internal laws of the State of Colorado and may be modified or waived only in writing signed by both parties. If any provision of this Agreement is found to be unenforceable, such provision will be limited or deleted to the minimum extent necessary so that the remaining terms remain in full force and effect. The prevailing party in any dispute or legal action regarding the subject matter of this Agreement shall be entitled to recover attorneys’ fees and costs.