Commercial Integrators/Dealers
MNDA
MUTUAL NON-DISCLOSURE AND PROPRIETARY RIGHTS AGREEMENT
PURPOSE: The parties wish to explore a strategic capital integration, funding, and commercial deployment relationship (the “Transaction”) involving Theron Energy LLC and its affiliated OEM divisions (including Theron H2O Inc.), specifically to scale the manufacturing and global deployment of proprietary Permanent Magnetic Energy generation systems, including PMG Home Generators®, PMG Commercial Generators®, PMG Mobile Generators®, PMG Industrial Generators®, TRON GENSETS®, ATMAG GENSETS®, DESAL GENSETS®, and T-D-D GENSETS®, and T-S-W-S CONTAINERS® or any other products invented or engineered by THERON going forward.
Intellectual Property & Anti-Reverse Engineering
PROPRIETARY RIGHTS & ANTI-REVERSE ENGINEERING:
1. Ownership of Intellectual Property: All intellectual property, patent rights (including United States Patent and Trademark Office filings), patent-pending designs, trade secrets, proprietary magnetic flux configurations, stator/rotor winding architectures, thermal-distillation schematics, and manufacturing blueprints pertaining to any and all PMG Home Generators®, PMG Commercial Generators®, PMG Mobile Generators®, PMG Industrial Generators®, TRON GENSETS®, ATMAG GENSETS®, DESAL GENSETS®, and T-D-D GENSETS®, and T-S-W-S CONTAINERS® or any other products invented or engineered by THERON going forward; (collectively, the “Protected Assets”) remain the exclusive, unencumbered property of Theron Energy LLC and its affiliated OEM entities. Nothing in this Agreement grants the Recipient any license, title, or ownership interest in the Protected Assets other than the limited right to evaluate the commercial transaction.
2. Absolute Prohibition on Reverse Engineering: The Recipient strictly covenants and agrees that it shall not, and shall not permit any third party, affiliate, contractor, engineer, or consultant to:
(a) Decompile, disassemble, decrypt, extract, or otherwise reverse-engineer any hardware, physical assembly, magnetic core, containerized unit, or digital schematic provided or exposed under this Agreement;
(b) Conduct any form of non-destructive or destructive physical, chemical, magnetic, or metallurgical analysis on any component of the Protected Assets; or
(c) Duplicate, replicate, or derive unauthorized prototypes or commercial copies based upon direct inspection, measurement, or scanning of the equipment or documentation.
3. Injunctive Relief and Specific Performance: The Recipient acknowledges and agrees that any actual or threatened breach of this section regarding proprietary magnetic configurations, trade secrets, or anti-reverse engineering will cause immediate, severe, and irreparable harm to Theron Energy LLC, for which monetary damages alone would be an inadequate remedy. Consequently, Theron Energy LLC shall be entitled to seek immediate injunctive relief, restraining orders, and specific performance from a court of competent jurisdiction, without the necessity of posting bond, in addition to any and all other remedies available at law or in equity.
CONFIDENTIAL INFORMATION: Includes all proprietary technical data, trade secrets, magnetic flux configurations, circuit designs, financial ROI models, supply chain networks, and manufacturing blueprints shared by Theron Energy LLC (or its authorized representatives) for advanced infrastructure, AI data center, and grid-independent power deployments, whether disclosed orally, visually, in writing, or during secure site visits and digital communications.
EXCLUSIONS: Confidential Information does not include information that: (a) is or becomes publicly known through no breach of the Recipient; (b) was already in the rightful possession of the Recipient prior to disclosure; or (c) is independently developed by the Recipient without reference to or reliance upon the Disclosing Party’s confidential disclosures.
NON-USE & NON-DISCLOSURE: Each party agrees to hold all Confidential Information received from the other party in strict confidence and to use it solely for evaluating and executing the funding and capital integration Transaction. Neither party shall duplicate, reverse-engineer, decompile, disassemble, or disclose any such information to any unauthorized third parties, syndicates, or competing entities without the prior express written consent of the Disclosing Party.
TERM: This Agreement shall remain in full effect for a period of five (5) years from the date of execution; provided, however, that obligations concerning information qualifying as a trade secret under applicable law shall survive for as long as such information retains its legal status as a trade secret.
REMEDIES: Recipient acknowledges that any breach of this Agreement regarding proprietary magnetic flux configurations or manufacturing blueprints will cause irreparable harm to Theron Energy LLC for which monetary damages alone would be inadequate. Therefore, Theron Energy LLC shall be entitled to seek injunctive relief and specific performance in addition to any other remedies available at law or in equity.
GOVERNING LAW & JURISDICTION: This Agreement shall be governed by and construed in accordance with the laws of the State of Florida, without regard to its conflict of laws principles. Any legal action or proceeding arising under this Agreement shall be brought exclusively in the state or federal courts located in Palm Beach County, Florida.
