The declaration of confidentiality, signed by the members of the jury, the coaches, the coordinators and the members of the organization, is also considered applicable to all those from who we receive confidential information or documents regarding New Venture 2011, as well as for the New Venture Foundation itself. Should the conditions of the declaration be violated, the above mentioned can then seek redress through the New Venture Arbitration Board or through the arbitration process.

Obligations of the Members of the Jury, the Coaches, the Coordinators and the Members of the Organization

1. I promise not to reveal confidential information or documents that come in my possession regarding New Venture 2011, even after the conclusion of the contest.
2. I promise to use confidential information and documents only in the course of preparation for and carrying out New Venture 2011. I also promise to pass on this information to third parties only after written consent from the contestant involved. Third parties requiring confidential information or documents to carry out New Venture are excluded from this provision. Information is not considered confidential if the proven document exists of:
   • the information was already common knowledge before it was received; or
   • the information became common knowledge afterwards and this cannot be attributed to me;
   • the information became common knowledge through third parties that acted rightfully and without violation of their declaration of confidentiality.
3. I promise to destroy all confidential information and documents received in the course of New Venture 2011 in any way, no later than October 1, 2012.
4. I promise to ensure that any co-workers and advisors I call on for assistance will also abide by these rules.

 
Respecting Confidentiality of Information and Documents
Respecting the confidentiality of information and documents detailed above (unless with the express consent of the contestant) means that it will not;

• be disseminated,
• be used for research, development, production or sales,
• be used in your own interest or in the interest of third parties.

 
Confidential Information and Documents
This "confidential information and documents'' includes, but is not limited to; all business economic, technical, financial and similar information regarding New Venture 2011 which has been provided to the contestants in any way. This includes any submissions of entries in the New Venture contest. Information that is common knowledge or that becomes common knowledge without a violation of these rules, or information that is made known by third parties without a violation of the promise to privacy, is defined as non-confidential.
 
Withdrawal
As a member of the jury or a coach, coordinator or member of the organization you have the duty to withdraw should you use confidential information or documents for your own purposes or for the purposes of third parties without the express consent of the contestant, be it knowingly or unknowingly.
 
Commencement and Completion
This statement is valid from October 1 2010, until October 1 2013.
 
Legal position
This statement and possible disputes arising from will be dealt with according to Dutch law.
 
Disputes
All disputes which occur regarding this Declaration of Confidentiality will be dealt with by the arbitration board of the New Venture Arbitration Board. The rules of this Board can be found in the competition rules. Should the dispute not be resolved by the arbitration board, it will be dealt with according to the Rules of Arbitration of the Netherlands Arbitration Institute. One juror will decide on the case. The place of arbitration is in Amsterdam, the Netherlands.
 
Drafted: February 27th, 1996
Copyright McKinsey & Co
Adapted October 2010
De Baak, Management Centre VNO-NCW