CONFIDENTIALITY AND TRUST AGREEMENT
This NDA (Non-Disclosure Agreement) also Known as CONFIDENTIALITY AND TRUST AGREEMENT (this
‘’Agreement’’) is made on this day of the year 2016 (the ‘’Effective Date’’) Between MR. MICHAEL PETER
DALTON hereinafter referred to as (‘’Partner’’) and
USA hereinafter referred to as (‘’Trustee’’), and collectively the ‘’Parties’’ each individually agree to this NDA
agreement as follows:
SECTION 1 Purpose.
The parties are entering into this agreement to facilitate discussions and exchange information concerning an
Inheritance fund (the ‘’Transaction’’).
SECTION 2 Disbursement and Liabilities
2.1 The Parties agree that the inheritance fund would be disbursed by both parties at the rate of 50% / 50%
respectively less the applicable taxes once funds are released from the holding financial house
/institute. The parties further acknowledge and agree that if expenses a r e required to facilitate the
Transaction t h e y would be handled by both parties on a 50% / 50% basis, and any party that incurs
more, the amount must be deducted from the proceeds at the end of the transaction before the net worth is
shared.
2.2 Neither Party shall be liable to the other for consequential, punitive, exemplary or indirect damages, in
contract or otherwise (including strict liability), whether at law or in equity.
3.3 Nothing contained in this Agreement shall be construed to create between the Parties an association,
trust, partnership, joint venture, agency or other business entity or relationship, or impose any trust,
partnership, agency or similar duty on either Party. Nothing contained in this Agreement shall be
construed to create on the part of either Party an obligation to deal exclusively with the other Party
with respect to the Transaction or in any other field or venture, or to offer to or procure from the
other Party any services, assets or products in connection with the Transaction or the Confidential
Information.
3.4 All additions, amendments, waivers or modifications to this Agreement must be made in writing and
must be signed by the Parties or, in the case of a waiver, the waiving Party.
3.5 This Agreement is made under and shall be construed according to the laws of the Province of Ontario,
a jurisdiction neutral to either Party’s state or country of nationality noted from both parties’ identification
documents.
3.6 Headings and captions in this Agreement have been inserted for ease of reference only and shall not be
used in the construction or interpretation of this Agreement.
3.7 This Agreement shall be binding upon and inure to the benefit of the Parties hereto and permitted
assigns. Neither Party shall assign this Agreement, or its rights or obligations hereunder, in whole or
in part to any other Person without the prior written consent of the other Party.
3.8 This Agreement represents the entire agreement between the Parties with respect to the matters referred
to herein, and supersedes all prior written and oral understandings pertaining to the matters referred
herein.
[-Signature Page FollowsIn
witness hereof, the parties have duly executed this confidentiality and trust agreement as of the date first above
written.
Name: Mr. Michael P. Dalton
Date of Birth: 29/Aug/1959
Home Address: 826 Kipps Lane, London, ON N5Y 4S2 Canada
ID Number: GF457924
ID Type: Passport
Expiry Date: 20/April/2020
Country of Residence: Canada
Email:
michael.dalton1uk2@yahoo.com Signature
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Name:
Signature
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This Agreement is written and witnessed by Mary G. Griffith of McLaren Barrister & Solicitors, 186 St. George Street,
Main Floor, Toronto, ON, M5R 2N2 Canada