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ABI Form 2008
1
NON-COMPETE, NON-CIRCUMVENTION &
CONFIDENTIALITY AGREEMENT
This Non-Compete, Non-Circumvention and Confidentiality Agreement (“Agreement”),
dated as of _________________, 2008, is entered into between BMI Consulting, LLC, a
California limited liability company and any of its affiliated entities (“BMI”), and
_______________________________________________________ (“Broker”).
WHEREAS, BMI directly or indirectly seeks to promote, market, provide, finance,
negotiate, represent and otherwise engage in financing of life insurance policy premiums
in accordance with its proprietary and specialized product and mechanisms for financing
such insurance policies; and,
WHEREAS, BMI, including any of its affiliated entities, has spent considerable time,
money and creative energy in developing, inventing and otherwise engaging in a
specialty Plan which utilizes a proprietary financing Plan for financing the payment of
premiums on life insurance policies as a benefit to corporate employees; methods and
processes used in proving and ensuring the successful completion of the above (“Plan”);
and
WHEREAS, The Broker wishes to obtain information and participate in promotion of
the Plan regarding the financing of life insurance policy premiums by using the Plan
methods, its documents, concepts and finances; and,
WHEREAS, The Broker wishes to obtain information from BMI with respect to the Plan
for the purposes of evaluating and entering into a mutually beneficial business
relationship regarding the implementation of the Plan. Broker recognizes the value and
proprietary nature of the Confidential Information (defined in Section 1.1 below) and is
willing to receive and make use of such information while keeping the strictest of
confidentiality regarding such information; and,
WHEREAS, The Plan and all related documents and concepts are confidential,
proprietary and otherwise not generally available to the public and BMI desires to
maintain the confidential, proprietary and intellectual property rights in the Plan; and,
WHEREAS, Specific information disclosed to the Broker hereunder shall not be
considered to be in the public domain or in the possession of the Broker because it is
embraced by more general information in the public domain or in the possession of the
Broker.
Insurance Non Compete and Confidential Agreement
source: thewpi.org
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