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HomeMy WebLinkAboutStuart C. Irby Company 2025-06-19Page 1 MUTUAL CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT This Mutual Confidentiality and Non-Disclosure Agreement (the “Agreement”) is entered into by and between the City of Ukiah, a general law municipal corporation in Mendocino County, California (“City”) and Stuart C Irby Company dba Irby Utilities (“Vendor”), a electrical and communications supplier and is dated as of June 19, 2025. Each party hereto is individually referred to herein as “Party” and collectively as “Parties”. The Parties desire to explore the possibility of entering into and/or carrying out a potential business transaction, as the Parties have separately discussed (the “Transaction” or the “Purpose”). In order to facilitate that exploration, one Party (the “Disclosing Party”) may provide or disclose confidential information to the other Party (the “Recipient”). Both Parties desire that such information remain confidential, and, therefore, the Parties agree as follows: 1.Confidential Information. “Confidential Information” means all nonpublic information disclosed by a Disclosing Party to a Recipient that (i) is disclosed in a writing or other tangible form marked as confidential to the Disclosing Party; or (ii) is disclosed orally, is designated as confidential upon its initial oral disclosure, and is summarized in a writing marked as confidential to the Disclosing Party and delivered to the Recipient within 15 business days of the initial oral disclosure. Notwithstanding the foregoing, a Party’s failure to mark or identify information as confidential shall not eliminate its status as Confidential Information if it is reasonably apparent from the nature of the information that it is nonpublic and should be treated as Confidential Information of the Disclosing Party Confidential Information may include confidential information of third parties. Confidential Information does not include information that (i) is generally known or available to the public by publication, commercial use or otherwise, through no fault of Recipient, (ii) is known by Recipient at the time of disclosure, (iii) is independently developed by Recipient without use of any Confidential Information, or (iv) is lawfully obtained by Recipient from a third party without violation of a confidentiality obligation. 2.Use of Confidential Information; Confidentiality. Recipient agrees to use the Confidential Information only for its own evaluation of the “Transaction” or the “Purpose.” Recipient agrees to take reasonable security measures to protect Confidential Information, including, without limitation, all measures Recipient uses with respect to its own confidential information of a similar type. Recipient will promptly advise the Disclosing Party in writing of any misappropriation or misuse of Confidential Information that may come to its attention. The Recipient may disclose the Information or portions thereof to those of the Recipient’s partners, trustees, directors, offices, consultants, and employees and representatives of the Recipient’s legal, accounting and financial advisors, and potential lenders (the persons to whom such disclosure is permissible being collectively referred herein as the Recipient’s "Representatives") who need to know such information for the purpose of evaluating such Transaction and who have enforceable agreements with Recipient or legal obligations to Recipient to treat the Confidential Information in a manner consistent with the terms of this Agreement. The Recipient will be responsible to the Disclosing Party for any breach of such obligations by any of the Recipient’s Representatives or unauthorized disclosure by any Representative of any Confidential Information disclosed by Recipient to the Representative. This obligation to maintain the confidentiality of the Confidential Information shall continue to apply whether or not the parties enter into or complete a Transaction. Recipient agrees to comply with all applicable federal and state laws with respect to the use of the Confidential Information. 3. Compelled Disclosure. In the event that Recipient is requested or required (by deposition, interrogatories, requests for information or documents in legal proceedings, subpoena, civil investigative COU No. 2425-236 Page 2 demand, the California Public Records Act (“PRA”) or other similar process) to disclose any of the Confidential Information, Recipient shall provide Disclosing Party with prompt written notice of any such request or requirement so that Disclosing Party may seek a protective order or other appropriate remedy and/or waive compliance with the provisions of this Agreement. If, in the absence of a protective order or other remedy or the receipt of a waiver from Disclosing Party, Recipient is nonetheless, in the written opinion of Recipient’s legal counsel, legally compelled to disclose Confidential Information including pursuant to the PRA or else stand liable for contempt or suffer other censure or penalty, Recipient may, without liability hereunder, disclose to such tribunal or as required by the PRA only the portion of the Confidential Information which such counsel advises Recipient is legally required to be disclosed, provided that Recipient exercises its best efforts to preserve the confidentiality of the Confidential Information, including, without limitation, by cooperating with Disclosing Party to obtain appropriate protective order or other reliable assurance that confidential treatment will be accorded the Confidential Information by such tribunal or pursuant to the PRA. The cost to resist compelled disclosure, including legal fees and expense, shall be paid in full by the Recipient. 4. No Grant of Rights; Right to Disclose. All Confidential Information remains the property of the Disclosing Party and no license or other rights in the Confidential Information is granted hereby. Each Disclosing Party warrants that it has the right to disclose its Confidential Information to the Recipient. 5. No Obligation to Enter Into Transaction. This Agreement does not create any obligation on the part of either party to enter into any business relationship with the other beyond this Agreement. 6. Return of Information. Recipient agrees to return to the Disclosing Party immediately upon expiration or termination of this Agreement or upon Disclosing Party’s written request all Confidential Information and copies thereof. Notwithstanding the foregoing, Recipient may keep one copy of all documents, records, notebooks, samples, prototypes, and similar repositories constituting Confidential Information, accessible to legal counsel solely for the purpose of evidence of disclosure hereunder. Any portion of the Confidential Information that consists of analyses, compilations, forecasts, studies and other material prepared by Recipient, in lieu of being returned to Disclosing Party, may be destroyed by Recipient, in which event one of its authorized officers shall provide certification that such materials have in fact been so destroyed. 7. No Waiver of Rights. Disclosure by a Party of Confidential Information pursuant to this Agreement shall not constitute a waiver of the Disclosing Party’s right to object to the production of such Confidential Information or information contained therein in response to a request for production of documents or otherwise, or to the admissibility of such Confidential Information, in connection with any litigation, mediation, arbitration or similar proceedings that may exist between the Parties, and all such rights to object are preserved in full. 8.Other Business Activities. Each Party specifically acknowledges that the other Party may operate in the same business area as the subject of the Confidential Information, and that Recipient may now or in the future be engaged in businesses or other business activities that are the same or similar to the topic being covered by the Confidential Information. Nothing in this Agreement shall be interpreted to restrict or prevent Recipient from engaging in any such business activities as it deems appropriate in its sole discretion. 9.Term. The term of this Agreement is six months. Either party may terminate this Agreement before expiration by giving written notice to the other party, but the obligations of this Agreement will continue with respect to information disclosed prior to the effective date of the termination for a period of three (3) years from the date of the disclosure. This Agreement shall be Page 3 governed by and construed and enforced in accordance with the laws of the State of California, excluding its choice of law rules. Each party consents to the exclusive jurisdiction and venue of the federal and state courts within the State of California located within the judicial districts where one of the Parties resides, for purposes of any dispute arising out of or relating to this Agreement. This Agreement constitutes the entire agreement of the parties with respect to the subject matter of this Agreement and supersedes all prior or contemporaneous oral or written agreements between the parties with respect thereto, and may not be waived, modified or terminated except by the written agreement of the parties hereto. This Agreement shall be binding upon the parties hereto and upon their respective executors, administrators, legal representatives, successors, and assignees. In witness whereof, the Parties have executed this Mutual Non-Disclosure Agreement as of the date first written above. City of Ukiah Stuart C Irby Company dba Irby Utilities By: __________________________ By: _________________________ Sage Sangiacomo, City Manager Signature Name: Stephen Ferguson Title: Sr. Vice President, Communications