Archer Daniels Midland Company ADM International Sàrl A One Business Center La Pièce 3 CH-1180 Rolle Switzerland Confidentiality Agreement This Agreement, dated July 1st 2016, by and between: ADM International Sàrl, A One Business Center, La Pièce 3, CH-1180 Rolle, Switzerland, hereinafter referred to as “ADM”, and [please insert name of company and address] hereinafter referred to as “Carrier”. Individually also referred to as “Party” and mutually also referred to as “Parties”. Each on behalf of Themselves and Their Affiliates. Witnesseth: Whereas, ADM possesses certain proprietary information relating to the Request for Quotation (RFQ) which for the sake of this Agreement includes any of its preparatory stages such as the Request for Information (RFI) as well as any post-processing stages, or any analogous terminology such as Freight Tender (the "Confidential Information"); Whereas, ADM may disclose the Confidential Information to the Carrier but desires to protect the confidential, proprietary and trade secret status of the Confidential Information; and Whereas, the Carrier is desirous of receiving and reviewing the Confidential Information for the limited purpose of participating in the RFQ for freight rates for transports; Now, therefore, in consideration of the premises and the mutual promises contained herein, the Parties agree as follows: 1. Confidential Information The Carrier shall keep any Confidential Information disclosed in conjunction with the RFQ completely and strictly confidential and shall not disclose any of the Confidential Information to others and may disclose the Confidential Information only to its officers and/or employees who reasonably require knowledge of the Confidential Information for the purpose of the RFQ and have a secrecy obligation to the Carrier, in which case such officers and/or employees shall only use the Confidential Information for such limited purpose. Page 1 of 4 Archer Daniels Midland Company ADM International Sàrl A One Business Center La Pièce 3 CH-1180 Rolle Switzerland The Carrier shall not forward or distribute any Confidential Information, including but not limited to shipment data, shipment quantities, loading and delivery places, not even if anonymized, through own tender portals, mass mailings or other freight procurement tools without prior written consent of ADM. The Carrier acknowledges that: a) The Confidential Information constitutes a valuable trade secret of ADM; b) Any unauthorized disclosure or use of such Confidential Information by the Carrier will cause irreparable harm to ADM. The Carrier shall use or allow such Confidential Information to be used only in a manner consistent with the terms and conditions of the RFQ. In particular, the Carrier shall use best commercial security practices to protect unauthorized disclosure to third parties of Confidential Information, no less than those it employs with respect to its own similar information. Confidential Information shall include, but not be limited to, the physical and chemical characteristics of compounds, product specifications, manufacturing processes and operations, compositions, formulations, safety and efficacy data, marketing and financial data, know-how, trade secrets, freight rates, transport lanes, ideas and other information of a technical, scientific, or economic nature. Personal information (for example names, postal and e-mail addresses, telephone numbers etc.) relating to individuals, including ADM’s customers, suppliers and employees shall also be considered Confidential Information of ADM. 2. Exceptions Confidential Information disclosed shall remain confidential unless and to the extent that: a) The Confidential Information was in the public domain at the time of disclosure to the carrier; b) The Confidential Information becomes public knowledge without any violation of this Agreement by the Carrier; c) The Carrier receives the Confidential Information from a third party not privy to this Agreement as a matter of right and not in violation of the confidential relationship created under this agreement nor in violation of any obligations to ADM; d) The Confidential Information was lawfully in the Carrier’s possession before Carrier’s receipt of the Confidential Information from ADM and was not acquired directly or indirectly from ADM or any other member of the ADM group or from a third party under an obligation of confidence; Page 2 of 4 Archer Daniels Midland Company ADM International Sàrl A One Business Center La Pièce 3 CH-1180 Rolle Switzerland e) ADM approves release of the Confidential Information by written authorization. 3. Disclosure in Judicial or Administrative Proceeding Without the prior written permission of ADM, the Carrier shall not disclose the Confidential Information. If the Carrier is required to produce the Confidential Information by law, governmental proceeding or court order, the Carrier may disclose such Confidential Information without liability hereunder; provided, however, before disclosing any Confidential Information, the Carrier shall notify ADM promptly of any such proceeding or court. 4. Return of Material At any time upon ADM’s request, the Carrier shall immediately return all Confidential Information provided by ADM and all information developed therefrom from which the Confidential Information is revealed or could be ascertained. An officer of the Carrier shall certify that the Carrier has complied with the provision of this clause upon the Carrier’s return of the Confidential Information to ADM. 5. Penalty In the event that the Carrier violates any obligation under this Confidentiality Agreement, ADM shall be entitled to claim a penalty in the amount of EUR 50,000 (EUR fifty thousand) per violation. The payment of such penalty shall not release the Carrier from its obligation to further comply with this Confidentiality Agreement, nor shall it constitute a waiver of any other rights ADM might be entitled to. 6. Officers and Employees The Carrier shall be completely responsible for maintaining the secrecy and confidentiality of the Confidential Information disclosed to the Carrier in accordance with the terms of this Agreement and shall be responsible for the actions and activities of all of the Carrier’s officers and employees working with or otherwise having access to the Confidential Information. 7. Governing Law Each Party hereby irrevocably agrees that the Courts of Switzerland, Vaud canton shall have exclusive jurisdiction to resolve any controversy or claim of whatever nature arising out of or in relation to this Agreement or breach thereof and that the laws of Switzerland shall govern such controversy or claim save that ADM may bring proceedings in any country where it reasonably believes that a breach of this Agreement has taken place or is taking place. Page 3 of 4 Archer Daniels Midland Company ADM International Sàrl A One Business Center La Pièce 3 CH-1180 Rolle Switzerland 8. Term The non-disclosure obligations and restrictions of the Carrier under this Agreement shall be effective as of the commencement date of this Agreement and continue for a period of three (3) years from the date of the last disclosure contemplated in this Agreement. In witness whereof, the authorized representatives of the Parties have duly executed this Agreement as of the date first above written. ADM International Sàrl [please insert name of company] By: __________________________ It’s Authorized Representative By: __________________________ It’s Authorized Representative Page 4 of 4
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