1. Purpose
The Disclosing Party intends to disclose proprietary information related to a music-tech product and service known as “Anthem Lab” for the purposes of evaluation, partnership, and demonstration.
2. Confidential Information
"Confidential Information" means all non-public, proprietary, or confidential information disclosed by Disclosing Party, including but not limited to: business models, customer experiences, artist designs, AI-generated music, tech processes, sales decks, demo recordings, and marketing strategies.
3. Obligations of Receiving Party
The Receiving Party agrees: - Not to disclose Confidential Information to any third party without written consent; - Not to use the Confidential Information for any purpose other than evaluating the Anthem Lab opportunity; - To take reasonable precautions to protect the confidentiality of such information.
4. Non-Circumvention
Receiving Party agrees not to circumvent, replicate, develop, launch, or offer a similar or competing service or product based on the Confidential Information without written authorization from Anthem Lab.The Receiving Party agrees not to reproduce, reverse-engineer, or replicate the concept, business model, or materials disclosed.