Page 61 - Company Policy
P. 61
20 ConfidenTial informaTion and
nondisClosure agreemenT
20.01 (a) Downline reports and all other reports and
genealogical information, including, but not limited
to, downline sales organization information and
commission recap statements, are private, proprietary
and confidential to FLP.
(b) Every Forever Business Owner who is provided
with such information must treat it as private and
confidential and take care to maintain its secrecy and
refrain from making any use thereof for any purpose
other than the management of his/her downline sales
organization.
(c) A Forever Business Owner may have access to
private and Confidential Information which he/
she acknowledges to be proprietary, highly sensitive
and valuable to the Company’s business and is
being made to him/her solely and exclusively for
purposes of furthering the sale of FLP products and
prospecting, training and sponsorship of third parties
who may desire to become FBOs and to further
build and promote his/her FLP business.
(d) “Trade Secret” or “Confidential Information” shall
also mean information, including a formula, pattern,
compilation, program, device, method, technique or
process, that:
1) derives independent economic value, actual or
potential, from not being generally known to
other persons who can obtain economic value
from its disclosure or use; and
2) is the subject of efforts that are reasonable under
the circumstances to maintain its secrecy.
(e) Whenever the Company makes information available
to the Forever Business Owner, it shall be for the sole
purpose of conducting FLP business.
(f) A Forever Business Owner is prohibited from using,
disclosing, duplicating or otherwise making any
Trade Secret or Confidential Information available to
anyone other than FBOs, without the prior written
consent of the Company.
(g) A Forever Business Owner is prohibited from,
directly or indirectly, using, capitalizing upon
or exploiting any Trade Secret or Confidential
Information for his/her own benefit, or for the
benefit of anyone else, other than for the purpose of
conducting his/her FLP business.
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