JUNG
Mutual Non-Disclosure & Non-Compete Agreement
Authorized Service Entity: Jung International LLC
NON-DISCLOSURE AGREEMENT (NDA)
This Non-Disclosure Agreement (“Agreement”) is entered into as of [DATE], by and between:
Disclosing Party: Jung International LLC
Receiving Party: [Recipient Name / Company Name]
Collectively referred to as the “Parties."
1. SCOPE
The purpose of this Agreement is to protect confidential and proprietary information related to an integrated business ecosystem consisting of:
Corso Currency
A proprietary cryptocurrency designed for small businesses that enables the exchange of labor for monetary value through a seamless digital transaction system.
The Cabinet Platform
A centralized digital operating system that allows businesses to fully manage and operate their company from a mobile device or computer, including:
- Marketing, branding, and sales systems
- Technology infrastructure and automation
- Built-in communication and chat systems
- API integrations with third-party applications
- Access to a network of professionals including developers, designers, engineers, strategists, and sales experts
Digital Payment & Access System
A digital card and/or tap-based interface that allows users to initiate transactions and instantly connect with their business operating system (The Cabinet).
Super Admin Control System
A centralized administrative system (“Super Admin”) that enables the Disclosing Party to:
- Manage, monitor, and control all users, businesses, and franchisees
- Oversee transactions, permissions, and system-wide operations
- Maintain operational integrity, analytics, and system governance
Franchise & Licensing Model
A structured business model in which the system, platform, and currency are licensed and franchised to independent operators under defined terms and standards set by the Disclosing Party.
The Receiving Party agrees to evaluate this information solely for the purpose of potential collaboration, partnership, investment, or licensing.
2. CONFIDENTIAL INFORMATION
“Confidential Information” includes, but is not limited to:
- Business models, franchise structures, and licensing strategies
- Cryptocurrency architecture, tokenomics, and transaction mechanisms
- Software systems including the Cabinet platform and Super Admin controls
- API structures, integrations, and backend infrastructure
- Product designs, user interfaces, and workflows
- Internal operational processes and service delivery systems
- Customer, franchisee, vendor, and partner data
- Financial information, projections, and pricing models
- Any non-public information disclosed verbally, visually, digitally, or in writing
Confidential Information includes all materials that a reasonable person would consider proprietary or confidential.
3. OBLIGATIONS OF RECEIVING PARTY
The Receiving Party agrees to:
- Maintain strict confidentiality of all Confidential Information
- Not disclose, distribute, or share such information with any third party without prior written consent
- Use the information solely for evaluation of a potential business relationship
- Implement reasonable safeguards to protect the information
- Not copy, reproduce, reverse engineer, decompile, or otherwise attempt to derive underlying structures
- Not exploit or utilize the Confidential Information for competitive or personal gain
4. NON-CIRCUMVENTION & NON-COMPETE
The Receiving Party agrees that they will not:
- Replicate, imitate, or develop a similar system involving cryptocurrency, business operating systems, or integrated service ecosystems based on the disclosed concepts
- Circumvent the Disclosing Party by directly engaging with clients, franchisees, partners, or team members introduced through this relationship
- Establish or participate in a competing platform, currency, or franchise model derived from the Confidential Information
5. FRANCHISE & LICENSING PROTECTION
The Receiving Party acknowledges that:
- The ecosystem is designed as a licensable and franchisable system
- All rights to distribute, license, or franchise the system are exclusively owned by the Disclosing Party
- Any unauthorized attempt to replicate, license, franchise, or commercialize similar systems constitutes a material breach of this Agreement
6. EXCLUSIONS
Confidential Information does not include information that:
- Is publicly available without breach of this Agreement
- Was known prior to disclosure
- Is independently developed without use of Confidential Information
- Is required to be disclosed by law (with prompt notice to the Disclosing Party)
7. TERM
This Agreement shall remain in effect for a period of five (5) years from the date of execution, or until the Confidential Information becomes publicly available through authorized means.
8. OWNERSHIP
All Confidential Information remains the exclusive property of the Disclosing Party. No rights, licenses, or ownership interests are granted unless explicitly stated in writing.
9. RETURN OR DESTRUCTION
Upon written request, the Receiving Party agrees to:
- Return or destroy all Confidential Information
- Certify in writing that all materials have been permanently deleted or destroyed
10. REMEDIES
The Receiving Party acknowledges that unauthorized use or disclosure may result in irreparable harm. The Disclosing Party shall be entitled to:
- Injunctive relief
- Monetary damages
- Legal fees and costs
- Any other remedies available under applicable law
11. GOVERNING LAW
This Agreement shall be governed by the laws of: State of Illinois, United States (or applicable jurisdiction)
12. ENTIRE AGREEMENT
This Agreement represents the entire understanding between the Parties and supersedes all prior discussions. Any amendments must be made in writing and signed by both Parties.
NON-COMPETE AGREEMENT
1. RESTRICTIVE COVENANTS:
In consideration of the disclosure of Confidential Information, the Receiving Party agrees that during the term of their evaluation and for a period of twelve (12) months thereafter, they shall not:
- Directly or indirectly engage in any business activity that competes with the Integrated Business Ecosystem (Corso Currency, The Cabinet, etc.) as disclosed.
- Solicit or attempt to solicit any employee, contractor, or partner of Jung International LLC.
2. GEOGRAPHIC SCOPE:
This agreement shall apply globally, as the digital operating systems and cryptocurrency ecosystems are intended for international distribution through the franchise model.
3. REASONABLENESS:
The Receiving Party acknowledges that these restrictions are reasonable and necessary to protect the legitimate business interests and proprietary trade secrets of Jung International LLC.
SYSTEM ACKNOWLEDGMENT
The Receiving Party acknowledges that the disclosed system represents a unique integration of:
- Cryptocurrency (Corso Currency)
- A full business operating system (The Cabinet)
- A centralized Super Admin infrastructure
- A scalable franchise and licensing model
Any attempt to replicate or derive a similar system using this information shall be considered a direct violation of this Agreement.
Project Reference Materials
Digital Ecosystem Architecture
System Infrastructure Overview
Super Admin Control Dashboard
SYSTEM ACKNOWLEDGMENT
The Receiving Party acknowledges that the disclosed system represents a unique integration of:
- Cryptocurrency (Corso Currency)
- A full business operating system (The Cabinet)
- A centralized Super Admin infrastructure
- A scalable franchise and licensing model
Any attempt to replicate or derive a similar system using this information shall be considered a direct violation of this Agreement.