Common use of Bank Confidential Information Clause in Contracts

Bank Confidential Information. You agree to protect all information or other items proprietary to the Bank that You obtain knowledge of or access to as a result of the Bank’s provision of the services pursuant to this Agreement (collectively, “Bank Confidential Information”) from unauthorized disclosure, publication, or dissemination with the same standard of care and discretion You use to protect similar confidential information of Your own, but in no event less than reasonable care. Furthermore, You shall not use, reproduce, distribute, disclose, or otherwise disseminate Bank Confidential Information, except in connection with the performance of Your obligations under this Agreement. The Bank Confidential Information described in the previous sentence, shall include, but not be limited to, the following types of information and other information of a similar nature (whether or not reduced to writing): scientific, technical, or business information, product makeup lists, ideas, concepts, designs, drawings, techniques, plans, calculations, system designs, formulae, algorithms, programs, software (source and object code), hardware, manuals, test procedures and results, identity and description of computerized records, identity and description of suppliers, customer lists, processes, procedures, trade secrets, “know-how,” marketing techniques and material, marketing and development plans, price lists, pricing policies, and all other financial information. The obligations of non-disclosure provided hereunder shall continue during the Term and, (i) with respect to Bank Confidential Information that does not constitute a trade secret, for a period of three (3) years thereafter and, (ii) with respect to Bank Confidential Information that rises to the level of a trade secret under applicable law, for such period of time thereafter as the Bank Confidential Information shall retain its status as a trade secret under applicable law, and no less than three (3) years thereafter