Article 8 Neither party is responsible or liable for other party's actions taken pursuant to this Agreement, or for any business decisions made or inferences drawn by the other party in reliance on the Information provided according to this Agreement. Neither party solicits any changes in the business practices or services of the other, and no obligations are incurred with regard to the accuracy of the observations of either party. Neither party makes any warranty, express or implied, with respect to the Information. Neither party shall be liable to the other hereunder for amounts representing loss of profits, loss of business, or indirect, consequential, or punitive damages of the other party in connection with the provision or use of the Information hereunder.
Article 9 This Agreement shall be binding upon the parties hereto and their respective successors and assignees.
Article 10 This Agreement shall be governed by and construed in accordance with Britain Law and shall be subject to the jurisdiction of the English Courts. In the event of a dispute arising under this Agreement resulting in litigation, the loosing party shall pay the court costs and reasonable attorney's fees of the prevailing party.
Article 11 Disclosures of Information under this Agreement may take place for a period (the “Information Disclosure Period”) of no more than one (1) year following the Effective Date set forth below. The obligations of the parties contained in Paragraphs 3 and 4 shall survive and continue beyond the expiration of the Information Disclosure Period for a term of three (3) years.
Article 12 The parties acknowledge that in the event of an unauthorized disclosure, damages to the disclosing (Information-owning) party as a result thereof may be difficult or impossible to ascertain, and in any event inadequate to compensate such disclosing party; and therefore such disclosing party may seek injunctive relief and/or specific performance as well as monetary damages against the party that breaches this Agreement.
Article 13 So long as this Agreement is not breached as a result thereof, this Agreement shall not be construed to prevent either party from pursuing any other business activity, whether or not related to the Proprietary Information exchanged.
Article 14 This Agreement constitutes the entire understanding between the parties with respect to the Information provided hereunder. No amendment or modification of this Agreement shall be valid or binding on the parties unless made in writing and executed on behalf of each party by its duly authorized representative.
Each party represents that it has caused this Agreement to be executed on its behalf as of the date written below by a representative empowered to bind that party with respect to the undertakings and obligations contained herein.