undersigned acknowledges that ACHEE LIGHT CENTER has furnished to the
undersigned potential Investor ("Investor") certain
proprietary data ("Confidential Information") relating to the
development affairs and operations of ACHEE for study and evaluation by
Investor for possibly investing in ACHEE.
It is acknowledged by Investor that the information provided by ACHEE is confidential; therefore, Investor agrees not to disclose it and not to disclose that any discussions or contracts with the ACHEE have occurred or are intended, other than as provided for in the following paragraph.
It is acknowledged by Investor that information to be furnished is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by Investor, except as provided in this agreement, may cause serious harm or damage to ACHEE, and its directors and officers. Therefore, Investor agrees that Investor will not use the information furnished for any purpose other than as stated above, and agrees that Investor will not either directly or indirectly by agent, employee, or representative, disclose this information, either in whole or in part, to any third party; provided, however that (a) information furnished may be disclosed only to those directors, officers and employees of Investor and to Investor's advisors of their representatives who need such information for the purpose of evaluating any possible transaction (it being understood that those directors, officers, employees, advisors and representatives shall be informed by Investor of the confidential nature of such information and shall be directed by Investor to treat such information confidentially), and (b) any disclosure of information may be made to which ACHEE consents in writing. At the close of negotiations, Investor will return to ACHEE all records, reports, documents, and memoranda furnished and will not make or retain any copy thereof.
This is a development plan. It does not imply an offering of securities.
2002: Achee Light Center
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