1. Scope. This agreement allows the parties to disclose confidential information to each other (“Recipient”) while retaining the right to run the parties’ respective businesses. This agreement applies whenever the discloser (“Discloser”) discloses Confidential Information to the Recipient, and is dated as of the date of last signature.
2. Form of Disclosure.
Confidential Information may be disclosed to Recipient: in writing (including without limitation, in electronic form),
All Confidential Information must be marked confidential upon disclosure, or
Orally, which will be stated as Confidential Information in writing after such disclosure.
3. Definition.
Confidential Information means: all non-public …show more content…
Confidential Treatment.
Recipient:
must maintain the confideintiality and secrecy of the Confidential Information, cannot use it for any purpose other than the purpose for which it was disclosed, and cannot disclose it to any third-parties, other than its employees and contractors on a need-to-know basis and its affiliates controlled by or under common control with Recipient.
Recipient is responsible for each of third-party’s compliance with the terms of this agreement, and each third party must have a written confidentiality agreement in place Recipient sufficient to protect the Confidential Information disclosed under this agreement.
Recipient may disclose the confidential information to the extent required by law, but will provide Discloser advance notice to seek a protective order and will make every effort to redact any Confidential Information and only provide the minimal information necessary to comply with the law.
5. Duration.
5 Years. Confidential Information is subject to this agreement for a period of 5 years from the initial date of disclosure.
Termination. Either party may terminate this agreement at any time. Terms that by their nature survive termination (including Section 4), will