Confidentiality and Non-Compete Agreement

1. Scope of Agreement

This Agreement applies to all employees, affiliates, subsidiaries, and partner companies (collectively referred to as "Affiliated Parties") of Financely. Affiliated Parties are obliged to adhere to the terms of this Agreement irrespective of their geographical location, including but not limited to operations under the laws of the United States and the European Union, particularly when the Affiliated Party is a resident within the EU.



2. Confidentiality

Affiliated Parties acknowledge that during the course of their association with Financely, they will have access to and become acquainted with various trade secrets, proprietary data, and other confidential information developed or owned by Financely and/or provided by clients or other third parties in trust to Financely. Affiliated Parties agree to maintain the confidentiality of all such information and to use it only in the manner and for the purposes authorized by Financely.

3. Protection of Confidential Information

Affiliated Parties agree to take all necessary precautions to protect the integrity and confidentiality of confidential information in their possession and to prevent any unauthorized use or disclosure thereof. Confidential information does not include information that is publicly known, legally acquired from another source, or independently developed without breach of this Agreement.

4. Non-Compete

Affiliated Parties agree that during their association with Financely and for a period of two years thereafter, they will not directly or indirectly engage in any business activity that is competitive with the current business activities of Financely or those activities planned during the term of their association which they are made aware of. This includes avoiding solicitation of clients or customers of Financely for similar services or products.

5. Non-Solicitation

For a period of two years after the termination of their association, Affiliated Parties agree not to solicit or induce any employee or other affiliated party of Financely to terminate their relationship with Financely or to work for any business or enterprise that competes with the business of Financely.

6. Compliance with Laws

This Agreement is intended to comply with all applicable laws and regulations of the United States and the European Union. Affiliated Parties residing or operating within the European Union agree to comply with EU laws regarding data protection and competition in addition to the stipulations of this Agreement.

7. Legal and Equitable Remedies

Financely retains the right to seek all legal and equitable remedies available to enforce this Agreement, including but not limited to seeking injunctions and other equitable relief in case of any breach or threatened breach of these provisions.

8. Governing Law

This Agreement shall be governed and construed in accordance with Federal laws of the United States of America. Where conflicts arise with local laws, the law more protective of confidential information shall prevail. For EU residents, additional provisions under EU law shall apply.

9. Severability

If any provision of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.