This agreement grants the Officer/Contestant/Member [ Digitally Signed as YOU ] (may be listed hereafter as: “Officer”) an Independent Member/Contestant affiliation with Un World Entertainment (also: “Un World”). The Officer is legally an affiliate and independent contractor for Un World Entertainment. The Officer is solely responsible for their own tax & benefit contributions. The direction behind works & services is nearly entirely determined independently by the Officer. The Officer is completely free in setting their work hours, as their affiliation with Un World Entertainment is solely project based. The Officer is not bound to only contracts specifically with Un World Entertainment. The Officer is free to perform works and/or services for outside organizations at their sole discretion. Both the Officer and Un World Entertainment can make this contract null and void after all clauses of the document are completed in their entirety.
Un World provides the Officer with an infrastructure, media outlet, operations management hub, and consultancy base. The Officer provides services and works for Un World's online media properties.
Clause 1. Genral Rules of Program & Services to be performed
Online access is a mandatory requirement of entry, as all functions of Un World are done via 100% Telecommuting.
Officers compete for prizes/rewards and the ability to remain on the Active Roster. As a member of the active roster, officers are granted a number of media performance placements 1) On-Air via the Un World Life show, 2) via Blog/Article Post at www.unworldlife.com, or 3) a combination of both.
Officers are appointed to tiers of our team, and depending on the tier, the officer will receive a specified amount of media performance placements and be responsible to provide a specified goal requirement, as follows:
1st Team = 2 co-hosted/produced placements per week, with 1 optional non-assisted placement per week
Goal Requirements: 100% level of position goals
2nd Team = 1 co-hosted/produced placements per week, with 1 optional non-assisted placement per week
Goal Requirements: 50% level of position goals
3rd Team = 1 co-hosted/produced placements per month, with 3 optional non-assisted placements per month
Goal Requirements: 25% level of position goals
non-active (Try-Outs, Recruits, Reserves) = 1 co-hosted/produced placement as official audition/try-out
Goal Requirements: Meet agreed upon Baseline needed to make the Active Team roster
All Officers/Team Members are legally and officially considered to be independent contractors/contestants contracted to perform on the new media show “Un World Life”.
Services assigned and agreed upon during Un World Team Meetings, additionally described in our “Join Us” materials, are to be performed by the Officer. Typical independent Officers and/or firms performing works for an Arts, Media, or Entertainment organization would be expected within reason, to engage in works and/or services, such as the activities listed on the corresponding roster position description (Located on the “Join Us” page of the site unworldlife.com).
Clause 2. Time services are to be completed
There is no set time for completion of services.
The only requirement is that, for any works and services to be considered for application/publication during the upcoming week, they must be submitted by
Saturday, 11:59:59pm US EST.
Clause 3. Voluntary Weekly Reporting Procedure
Officer will report progress of services/works, whether in full or partial, weekly to office@unworldlife.com
Clause 4. Term and Length of Officer's Agreement
The Officer will remain within agreement with Un World as long as they are Eligible for Officer's Appointment. Once an initial Officer Member Badge is digitally delivered to an Officer, indefinite eligibility is granted. The Officer shall remain eligible unless any undisclosed, fraudulent, defamatory, or harmful information is discovered after Activation of Officer.
Officers are ONLY active while their Officer Member Badge has not reached expiration. Officer Member Badges must be renewed every 90 days by completing an “Un World Training Camp” Seminar-Evaluation. Failure to Renew will immediately result in Suspension or Termination of Officer Eligibility.
Officers shall be deemed active ONLY by Un World Presidents, via digital delivery and/or update of official Officer Member Badge hosted at “www.unworldlife.org” or “www.unworldlife.com” .
Clause 5. Warranties given by Officer
Un World reserves the right to terminate or suspend without compensation the Officer's Agreement under the following conditions:
1) Officer ceases communication with Un World and/or fails to communicate in a reasonable manner with Un World via e-mail at either office@unworldlife.com or jamal_jasmine@unworldlife.com or via “Submission Form” located on Front Page of http://www.unworldlife.com , 2) Officer ceases to adhere to their warranty that services/works will be reasonably performed and delivered in a high quality professional manner.
In the event that Un World finds that a Officer's services/works provided are unsatisfactory and/or unreasonable, Un World reserves the right to suspend/delay compensation for a 'seven day revision period', with an accompanying notice sent to the Officer via e-mail and/or with documented two-way telecommunication. During this 'seven day revision period', the Officer has the right to redeem their contract by providing satisfactory and reasonable service for the work period in question. Failure of a Officer to redeem their contract may result in termination of services and agreement.
Clause 6. Work For Hire
Work being performed by the Officer is "work for hire". Any work product of the Officer or works originated under Un World direction/commission will be deemed solely owned by Un World. All finished works which are published (for explicit commercial gain, via Advertising, Sponsorship, or Direct Sales revenues; such that any reasonable consumer could justify) independently by the Officer PRIOR to submission to Un World, shall remain the creative intellectual property of the Officer, and are not owned by Un World. All other works are considered “work for hire”.
Clause 7. Expectations & Benchmarks
Required weekly minimum of 10 service points must be earned and credited to each Commissioned and Deputy Officer's service account. Directors require a weekly minimum of 15 service points to be earned and credited. NCAs (Non-Commissioned Allies) are not required to maintain a weekly minimum of service points earned.
Additional expectations listed throughout the remaining contract clauses.
Clause 8. Prizes and Rewards - Compensation
Officers earn many great Prizes and Rewards during their time on Un World Life.
On-Air features with the RealiTalk Radio Show (featured On-Air with Top Brands and Celebrities)
Officer of the Month
Panelist on our Live Show + Guaranteed Headlines
Be Selected for our 1st, 2nd, and 3rd Teams for weekly showcase of your Talents, Views, and Expertise
Featured write up on Front Page
Top Officer of the Week
3s Up: Love-Loyalty-Honor Awards at Milestones of Active Participation
Peer Nominated PISE Award
Officers compete for other Gift Prizes such as:
Dinner at top Restaurants, Trip to the movies for 2, Magazine subscriptions, Dress shirts, Best Buy gift cards, Blouses & Tops, Music & Mp3s, Books, Cell phones, Cell phone Apps, Guitar Center gift cards, Victoria's Secret gift cards, iPods & Mp3 Players, Un World dog tags & awards plaques, Red Bull & Rockstar energy drinks, Pro Music Equipment, Home appliances, and many other accessories are all possible prizes to be earned.
Winners of Monthly and Quarterly Prizes are ineligible to win again consecutively. They will become eligible again the second period after winning. The total dollar amount of prizes and rewards is equal to approximately 10% of monthly net returns. So as Un World grows, so do the prizes.
Base Rewards & Benefits:
Real-World business and Creative Experience in the Arts, Media, and Entertainment Industries
A relaxed, fun, and open environment where being YOURSELF is mandatory
Experience and Media Outlet to build upon your portfolio and resume
Infrastructure and Business System within the Co-Op, for you to use as a self-employed professional
or for your organization
Internship Credit (don't forget your paperwork!)
A foundation in which to launch or improve your own entrepreneurial efforts
Letter(s) of Recommendation for Officers and Captains
Team-oriented network of professionals for assistance if needed, yet independence to complete your work
on your own terms
Competitive profit-share compensation packages for both short-term & long-term options
Un World Cooperative Service Points: Un World's approach is based heavily in Intellectual Property and Goodwill category assets. Our primary vehicles include Arts, Culture, and Creative Media. We use 'pooled resources/assets' for cooperative investments, and allow self-directed investments of earned service point credits.
Primary responsibility of all Un World Officers is to provide revenue driver conversions, by both creating compelling content and providing consultative service to community members. In our efforts to prevent fraud and manipulative actions, Officers earn their prizes, profit-share percentage, sponsorship credits, and investment club points only after they have reached or surpassed their agreed weekly goals. Officers are rewarded for their ability to earn conversions and contribute to the bottom line.
Sponsorship Credits are credited at $250 over monthly intervals. Partner/Client Credits are credited at $250 over monthly intervals (if appointed as Director during agreement).
Sponsorship Credits: $250; Choose either Print/Graphic AND Audio Based with 3x Placements per Month (with custom creation) (20 seconds Audio) <> Video Based / Placement (with custom editing)(15 second Video commercial)(1x placements)
Clause 9. Optional Prizes & Rewards Compensation; Retainer
Officers are eligible for an additional prize/reward of Profit-Sharing once they have accumulated either:
1)a baseline of 1000 (one-thousand) unique post/page views for their performances at unworldlife.com, or
2)a baseline of 15 social network friends/followers and 15 e-mails/phone numbers
Officers eligible for the Prize/Reward of Profit-Share are compensated based on their performance tier. Each tier grants the following profit-share ratios:
1st Team = 1:1 (0.5% - 5.0%) “Full profit-share amount”
2nd Team = 1:2 (0.25% - 2.5%) “1/2 or one-half of full profit-share amount”
3rd Team = 1:3 (0.166% - 1.66%) “1/3rd of full profit-share amount”
non-active (Try-Outs, Recruits, Reserves) = n/a, no profit-share awarded
If an Officer has operated under multiple tiers during the month, their profit-share will be calculated based on an average of the Rates of the tiers which the member operated.
As an example:
Week 1 @ 1:1
Week 2 @ 1:3
Week 3 @ 1:2
Week 4 @ 1:1
Average Rate for the Month = 1:1.75, earning 1/1.75th of their contracted profit-share amount.
The Prize/Reward of Profit-Share is negotiable based on retainer for talent rendered. The Officer is compensated a royalty percentage of 0.5% - 5.0% of net profits of Un World Entertainment, (this is equivalent to earning $5,000 - $50,000 at "market value" based on percentage of a $1,000,000 Firm within the Arts, Entertainment & Media Industries).
If Granted a Director Appointment: Compensation is increased to a profit-share of 7-10% and Director-Only “Partner Credits” are available. This is equivalent to earning $70,000-$100,000 at “market value” based on percentage of a $1,000,000 Firm within the Entertainment & Media Industries. Both Un World and Directors reciprocate our expertise and consultancy via weekly quotas.
Directors are appointed by Un World each Season/Quarter. They’re deemed team leaders and help shape the direction of the Mission, as well as provide other Officers with applicable guidance. Un World delivers customized PDF media plan for Director’s organization/firm once per month, being available to Directors for 1 consultation-based e-mail per week (not to exceed 2 replies from Owners), and being available to Directors for an IM or telephone conversation not to exceed an accumulated 60 minutes each month. Directors are responsible for visiting the Community Center (www.unworldlife.org) and posting 1 new topic & 1 new reply each week, being available to Owners for 1 consultation-based e-mail per week (not to exceed 2 replies from Director), and being available to Owners for an IM or telephone conversation not to exceed an accumulated 60 minutes each month.
The estimated total market value of this agreement, as of 5th June 2009, is $500.00 - $750.00 per month for the duration of this agreement. Officer commission profit-share percentages are subject to change and Officers will be notified via print or e-mail at least 7 days prior to possible change. Officers compensation is distributed on a Monthly Basis for satisfactory and reasonable work. In the event that Un World suffers a financial loss for the month, the Officer's shall be compensated $0.00, and does NOT share the costs/expenses of Un World's core organization.
Un World provides the Officer with an infrastructure, media outlet, and consultant base.
Officers are compensated via profit-share percentage within 14 days of the conclusion of the monthly work period. Profit-share amounts are delivered via PayPal Electronic Transfer. Sponsorship Credits and Partner/Client Credits are to be awarded on the first day of each month during the term length of this agreement. Unused Sponsorship Credits and Partner/Client Credits WILL expire at the conclusion of each calendar month during the term length of this agreement.
All funds listed here and throughout this agreement are understood to be in USD, United States currency.
Clause 10. Weekly Reviews & Ratings
Agreed Profit-Share Percentage is NOT influenced by Weekly Reviews & Ratings. The sole purpose is to offer Officers a review of their services rendered, by weekly rating and assessment. Overall ratings are used only to weigh contract negotiations and biddings prior to the processing of an agreement.
Clause 11. Directives
The Presidents/Owners of Un World have complete and total rights over the everyday operations and decisions to be made by Un World. Decisions to be made WILL be placed under review within reasonable consideration. There is a "chain of command" expected to be followed and any decisions or operations completed without the prior expressed written consent of the Presidents/Owners are prohibited.
Clause 12. Conflict of Interests
Due to the nature of the entertainment & media industries, the only restriction on acceptance of this contract is that the team member is disallowed from accepting and/or engaging in outside offers which are commission-based or commission-oriented in pay structure. Fixed Fee services and Retainers are OK. Any other offers which pay structures fall outside of this limitation are encouraged by Un World. Un World simply wishes to protect it's brand, intellectual properties, and image from any possible "conflicts of interest" arising from a Officer's outside activities.
Clause 13. Where Work is to be Completed
The team member is not bound to any specific place of business where primary works are done. All of our team members nearly work either, entirely from home offices, other undetermined office space or "on the field" via "telecommuting".
Clause 14. Risk Assessment
No one hundred percent (“perfect”) assurance can be guaranteed of any projections derived from negotiations with Un World Entertainment due to unforeseeable factors and events within the market. As a result, the actual results achieved may vary from the projections, and such variation can be material and adverse. Un World explicitly advises the Officer to conduct or request applicable research of the Media, Entertainment, Art, and e-Commerce fields/markets.
All Officers/Team Members are legally and officially considered to be independent contractors/contestants contracted to perform on the new media show “Un World Life”. There is no additional guarantee that contestants/contractors will gain long-term affiliation with Un World or it's partners/affiliates.
Clause 15. Termination of Agreement by Officer
This contract can only be declared null and void by the Officer (therefore the Officer will remain under contract) after the following conditions have been met and the term of the agreement has expired:
1.All above clauses have been adhered to.
2.Officer provides Un World with documented 7 days notice, prior to the last day of service.
Clause 16. Finder's Fee & Agency Fee : Goods and/or Services Sold by Officer via Un World
Any and all goods and/or services sold by the Officer, which are Affiliate/Direct Marketed, Retailed, and/or Brokered via Un World (via Phone meetings, Video Chat/Conference, Instant Messaging & Conferencing, Text Messaging, through placement in website, e-mail, subscriptions, on-air content, direct communication and/or other digital means), shall result in Un World receiving a small royalty fee, on behalf of both the Administrative Duties and the Intellectual Property & Goodwill which has yielded an advantage in the marketplace for the Officer.
For Mass Consumer based Goods and Services (B2C): an agency fee (royalty percentage) of 3% of the Officer's monthly gross revenues from all online/mobile/digital sales & marketing activities for products and services, to last only the duration of this agreement.
For Project Oriented, and/or One-Time based Goods and Services (B2B): an agency fee (royalty percentage) of 10% of the Officer's gross sales/invoice amount, to last only the duration of this agreement.
Un World is granted the right to Request recorded monthly revenues from the Officer, verifiable by P&L audit, at maximum one (1) time per month. It is expected that any such request be delivered by the Officer within 14-30 days of the initial documented request.
Clause 17. Independent Contractor Status
We will not deduct or withhold any taxes, FICA or other deductions that we are legally required to make from the pay of regular employees. As an independent Officer, you will not be entitled to any fringe benefits, such as unemployment insurance, medical insurance, pension plans or other such benefits that would be offered to regular employees.
Business Expenses for tools, equipment, and other needs are to be incurred specifically by the Officer. Instructions for completing services/works are not given by Un World to the Officer. Training provided by Un World is not essential and is not required to provide services for Un World. The Officer's personal services are not required and he or she can assign the work to anyone. The Officer is responsible for setting their own hours. The Officer is not bound to have a continuing relationship with Un World. The Officer controls and hires their own assistants. The Officer is free and expected to pursue other work. Where the Officer works is their choice. The Officer sets their own work priorities, may work for more than one firm, and their services are available to the general public (or industry). The Officer bears a risk of loss, has made a significant capital investment into their own self-employment, and the Officer is not compensated for incomplete work. In addition the timing of payment coincides with completion of jobs/services, rather than in regular intervals. The Officer agrees to complete an IRS Form W-9 within a timely fashion to verify their work status.
Clause 18. Media Fair-Use Waiver:
You explicitly authorize the use of your name (or nickname, initials), likeness, image, trademark, logo, recorded video performance/interview, writings, biographical information, video, photography, voice or recorded audio interview, in conjunction with recording or feature, in Un World media (includes documentary, video, photo, written and audio works).
By granting this authorization and agreeing to be featured in our media, you explicitly waive any right to request and/or redeem royalties and/or payment of any kind, OUTSIDE of the agreed Compensation DEFINED in THIS agreement, as well as waive Un World from any liability. Un World is granted a royalty-free license to Publicity Rights, and to publicly display, market, publicly perform, sell, promote, digitally transmit, or otherwise release featured content at it's own sole discretion without liability or time constraint.
Clause 19. Media Rights and Licenses:
Both Un World and all contributing creative artists are granted a non-exclusive and royalty free license to works and materials commissioned by Un World for use with this agreement. Un World and all contributing creative artists have the right to use the material in a non-defamatory fashion. Un World and all contributing creative artists are authorized and/or granted a royalty-free license to reproduce, distribute, promote, showcase, sell, act as publisher for, publicly display, digitally perform and/or distribute in whole or in part, alone or together with other material, all submitted materials and the name, likeness, and image of the creator of the submitted materials, with the EXCEPTION of engaging in ANY Third-Party synchronization, agreements and/or licensing for material gain, profit, monetary exchange or service exchange, outside of Direct Social-Media, Blog, or User-Generated Submission oriented activities.
In layman's terms and blunt English: Both Un World and all contributing creative artists CAN sell and distribute finished works DIRECTLY to fans, by any means, but are strictly FORBIDDEN from engaging in any Third-Party deals or agreements without the Expressed Written Consent of ALL Credited Contributors of the Works/Media. The creative artist keeps 100% of the returns from direct sales & mechanical royalties, commissioned & executed by the creative artist, from works delivered by CD, Print, Digital Download, Vinyl, Mobile Wallpaper, or Ringtone)
There is no compensation by Un World nor other contributors for the creative artist other than the promotional value of the publishing, review, and broadcast itself and NO defined limited time period is specified for the publishing, review, and broadcast of the works/media.
All recordings produced under commission of Un World ("Masters"), as well as all performances embodied thereon, all digital editions and other derivatives of the Masters, and all copyrights and renewal copyrights therein, will be the exclusive property of those credited in “Media Credit Summary Documents”, free of any additional claim(s) whatsoever by the creative artist or by anyone deriving rights from the creative artist. Without limiting the foregoing, Un World shall have the right throughout the world at any time to manufacture, advertise, sell, lease, license, distribute or otherwise exploit any Master hereunder and all the creative artists performances embodied therein and
Notwithstanding the foregoing, the creative artist acknowledges and agrees that to the extent, if any, that the creative artist may be deemed an "author" of any Master, the creative artist hereby grants and assigns to contributors credited in “Media Credit Summary Documents” all exclusive rights of copyright therein. At Un World's request, the creative artist agrees to execute and deliver to Un World any additional documents and instruments necessary or desirable to effectuate the intents and purposes of this paragraph and hereby authorize and empower Un World to execute same in the creative artist's name upon the creative artist's failure or inability to do so.
All UNUSED and UNPUBLISHED media and works submitted remains the creative intellectual property of the owner of submission and is not bound to Un World or any of the other owners of submissions.
Clause 20. Notification and Crediting
The creative artist MUST and agrees to provide Un World with documented notification of works and services to be performed that are derived from this project (within 30 days of publishing), as well as appropriate financial statements necessary for audit (within 30 days) if requested.
The Un World Logo/emblem (or text listed as “Un World”, “featuring Un World”, “featuring U Dot”, “vs. U Dot”) MUST be VISIBLY printed on the project credits (or the physical/digital copy of the media), of ANY and ALL works which include ANY Un World media or were completed under ANY Un World direction.
Clause 21. Third-Party Synchronization, Agreements, and/or Licensing
Both Un World and all contributing creative artists SHALL be compensated for any Third-Party synchronization, agreements and/or licensing derived from finished and/or published Master works commissioned by Un World. Copyrights and Publishing Rights are explicitly defined by each work's “Media Credit Summary Document”.
Clause 22. Branding of Published Works
The creative artist understands that they are releasing their works under the “U Dot” brand when marketed/distributed/published by Un World. Individual contributor names and titles have the possibility of not being listed anywhere besides the Credits.
Clause 23. Performance Areas and Media Credits Summary Documentation
“Performance Areas” are used to define and distribute Master Copyright and/or Publishing Rights for each individual completed. Each creative artist that contributes to a specific “performance area” MUST and SHALL be listed on a “Media Credits Summary Document”, which is to be distributed to ALL contributors via e-mail or IM prior to or within 14 days of initial publishing of the Master recording/creative work. In the event of multiple contributors in one “performance area”, each contributor will be rewarded an equal share of Master Copyrights and/or Publishing Rights for that specified “performance area”.
The “Executive Production/Administrative performance area” is assigned 10% of Master Rights for both MUSIC and VISUAL/VIDEO projects.
Music projects are assigned the Six “performance areas”: Artist/Vocal, Songwriter/Producer, Drums/Percussion/Drum programming, Guitar/Strings/Synth Guitar, Keys/Synthesizer-other, Bass/Synth Bass/Program Bass, and are assigned 15% of Master Rights each.
Visual/Video/Film projects are assigned the Five “performance areas”: Director, Producer/Writer, Art/Graphics/Scenes, Actor/Actress, Editor, and are assigned 18% of Master Rights each.
An example of a “Media Credits Summary Document” is as follows:
{Start Example}
Title: sample title
Type of Project: Music (or Visual/Video)
Track Duration (or media size):
Initial Publishing/Release Date: Day, Month, Year
Performance Areas and Accompanying Copyright/Publishing Right Assignments
Artist/Vocal Performance: sample name 1, sample name 2
writer: sample name 1, sample name 2
Drums/Percussion/Drum Programming: sample name 1
Guitar/Strings/Synth Guitar: sample name 1
Keys/Synthesizer (other): sample name 1, sample name 2
Bass/Synth Bass/Program Bass: sample name 1
Executive Production/Administrative: sample name 1, sample name 2
{End Example}
Clause 24. Confidentiality and Non-Disclosure:
It is both the Officer's and Un World's Obligation to keep confidential any information and intellectual property discovered during agreement.
During this project, you may be in contact with or directly working with proprietary information that is important to our company and its competitive position. All information must be treated with strict confidence and may not be used at any time or in any manner in work you may do with others in our industry. Officer explicitly agrees to not use such information other than for the benefit of Un World.
It is agreed that:
1.Confidential Information. “Confidential Information” means any information disclosed by either party to the other party, either directly or indirectly, in writing, orally or by inspection of tangible objects (including without limitation documents, prototypes, samples, plant and equipment). Confidential Information shall include without limitation technical data, trade secrets and know-how, including, but not limited to, research, product plans, products, services, campaign plans, suppliers, customer lists and customers, prices and costs, markets, software, developments, campaign strategy, inventions, laboratory notebooks, processes, formulas, technology, designs, drawings, engineering, media publication, hardware configuration information, marketing, licenses, finances, budgets and other business information. Confidential Information shall not, however, include any information which: (i) was publicly known and made generally available in the public domain prior to the time of disclosure by the Disclosing Party; (ii) becomes publicly known and generally available after disclosure by the Disclosing Party to the Recipient through no wrongful action by the Recipient; (iii) is already in the possession of the Recipient at the time of disclosure by the Disclosing Party, as shown by the Recipient’s files and records immediately prior to the time of disclosures; (iv) is obtained by the Recipient from a third party without a breach of such third party’s obligations of confidentiality; (v) is independently developed by the Recipient without use of or reference to the Disclosing Party’s Confidential Information, as shown by documents and other competent evidence in the Recipient’s possession; or (vi) is required by law to be disclosed by the Recipient, provided that the Recipient gives the Disclosing Party prompt written notice of such required disclosure prior to such disclosure and assistance in obtaining an order protecting said Confidential Information from public disclosure.
2.Non-Use and Non-Disclosure.
The Recipient of any Confidential Information from the Disclosing Party agrees not to use said Information for any other purpose except for which Recipient has been engaged. The Recipient further agrees not to disclose the Disclosing Party’s Confidential Information (i) to any third party without the prior written consent of the Disclosing Party, or (ii) to those employees or agents of Recipient, who are not required to have that Information in order to evaluate or engage in discussions concerning the purpose of this Agreement as set forth in Section 1 above. The Recipient shall not reverse engineer, disassemble or decompile any prototypes, software or other tangible objects, which embody the Disclosing Party’s Confidential Information and which are provided to the Recipient hereunder.
3.Maintenance of Confidentiality.
The Recipient agrees to take reasonable measures to protect the secrecy, and avoid disclosure and unauthorized use, of any of the Disclosing Party’s Confidential Information disclosed hereunder. Without limiting the foregoing, each party shall take at least those measures that it/they take to protect its/their own most highly confidential information.
4.No Obligation.
Nothing herein shall obligate Un World or the Officer to proceed with any transaction between them, and each said party reserves the right, in its/their sole discretion, to terminate the discussions contemplated by this Agreement concerning the business opportunity.
5.Return/Deletion of Materials.
All documents and other tangible objects containing or representing Confidential Information which has been disclosed by the Disclosing Party to the Recipient hereunder, and all copies thereof which are in the possession of the Recipient, shall be and remain the property of the Disclosing Party and shall be promptly returned to the Disclosing Party or deleted/purged upon the Disclosing Party’s written request.
6.No License.
Nothing in this Agreement is intended to grant Recipient any rights in or to any Confidential Information disclosed hereunder and belonging to the Disclosing Party, except as expressly set forth herein.
7.Term.
The obligations of the Recipient to protect the confidentiality of any Confidential Information disclosed hereunder by the Disclosing Party shall survive until such time as such Confidential Information becomes publicly known or otherwise ceases to be confidential through no breach of this Agreement by the Recipient.
8.Remedies.
Each party agrees that any violation or threatened violation of this Agreement may cause irreparable injury to the other party, entitling the other party to seek injunctive relief in addition to all legal remedies.