Confidentiality Agreement

Confidentiality Agreement

In connection with the use of The Trib-e website The Trib-e shall provide the website user (MEMBER) with information, ideas and business secrets (INFORMATION) of The Trib-e and it's members.

For the avoidance of doubt: The respective rights and obligations of the Parties shall be exclusively governed by The Trib-e Terms and Conditions.

The MEMBER is aware that the INFORMATION represents important business secrets of The Trib-e and it's members and that the INFORMATION must not be disclosed to any THIRD PARTY without the written consent of The Trib-e.

The MEMBER undertakes to compensate The Trib-e and it's members  for all damage incurred as a result of a failure to comply with the obligation provided above (“DEFAULT”). In any event, for any DEFAULT lump sum damages in the amount of EUR 10,000.00 shall be payable. Further damages are not precluded by this.

Irrespective if the provision contained above, MEMBER undertakes to pay a penalty to The Trib-e and it's members in the amount of EUR 10,000.00 for any DEFAULT, irrespective of any damage incurred. If a DEFAULT continues, the penalty shall be payable for every day on which the DEFAULT continues or continues to affect The Trib-e and it's members due to the MEMBER's failure to remedy the DEFAULT. In any event, the aggregate of any penalty shall not exceed EUR 50,000.00.

This Agreement shall be in force for the entire term of the membership with The Trib-e and continue to be effective for a period of 12 months after the termination of the membership.

Should any provision of this Agreement be or become ineffective such ineffectiveness shall not affect the effectiveness of the other provisions of this Agreement.