Certain Confidential Material Clause Samples
Certain Confidential Material. It is expressly understood that any drawings, blueprints, descriptions, or other papers, resumes, documents, tapes, or any other media transferred by the disclosing Party hereunder, and all copies, modifications, and derivatives thereof, will remain the property of the disclosing Party, and the receiving Party is authorized to use those materials only in accordance with the terms and conditions of this Agreement. Notwithstanding the period of confidentiality set forth in Section 15.1 (entitled — Confidentiality Obligations), the receiving Party may not knowingly transfer such material or part of it to a third party. In addition, upon termination of this Agreement, upon Foundry’s ceasing to use any masks for the Contract Wafers (whether manufactured by or for Foundry or provided by Company), or otherwise at Company’s request, Foundry shall promptly deliver such masks and related material to facilities designated by Company. If such masks were manufactured by Foundry at Foundry’s expense, then Company shall reimburse Foundry for the unamortized portion of Foundry’s direct manufacturing cost for such masks depreciated on a straight-line basis over two (2) years.
Certain Confidential Material. Confidential Information shall remain the property of the disclosing party and shall be returned to the disclosing party upon request of the disclosing party or after the termination of this Agreement, except as necessary to carry out obligations or exercise rights expressly provided in this Agreement. Without limiting the foregoing, it is expressly understood that any drawings, blueprints, descriptions, or other papers, resumes, documents, tapes, or any other media transferred by the disclosing Party hereunder, and all copies, modifications, and derivatives thereof, will remain the property of the disclosing Party, and the receiving Party is authorized to use those materials only in accordance with the terms and conditions of this Agreement. At no time may the receiving Party knowingly transfer such material or part of it to a third party except as expressly permitted under this Agreement. In addition, upon termination of this Agreement, upon SMIC’s ceasing to use any masks for the Contract Wafers (whether manufactured by or for SMIC or provided by Spansion), or otherwise at Spansion’s request, SMIC shall promptly deliver such masks and related material to facilities designated by Spansion.