Company Confidential Information. (a) Nextelligence acknowledges and agrees that the Company Confidential Information is and shall remain the sole property of the Company. Nextelligence shall protect the Company Confidential Information from unauthorized dissemination and shall use the same degree of care that Nextelligence uses to protect its own like information, but in no event less than a reasonable degree of care. Nextelligence shall not disclose to third parties the Company Confidential Information without the prior written consent of the Company. Nextelligence shall use the Company Confidential Information only for purposes of performing its obligations or exercising its rights under this Agreement. (b) Notwithstanding the provisions of Section 6.1(a), Nextelligence may use or disclose the Company Confidential Information to the extent Nextelligence is legally compelled to do so, provided, however, that prior to any such compelled disclosure, Nextelligence notifies the Company and fully cooperates with the Company in protecting against any such disclosure and/or obtaining a protective order narrowing the scope of such disclosure and/or use of the Confidential Information. Nextelligence acknowledges and agrees that any breach of this Section 6.1 would cause irreparable harm to the Company for which monetary damages would not be adequate and, therefore, Nextelligence agrees that, in the event of a breach of this Section 6.1, the Company shall be entitled to equitable relief in addition to any remedies it may have hereunder or at law.
Appears in 3 contracts
Samples: Technology License and Development Agreement (FreeCast, Inc.), Technology License and Development Agreement (Freecast, Inc.), Technology License and Development Agreement (Freecast, Inc.)
Company Confidential Information. (a) Nextelligence acknowledges and agrees that the Company Confidential Information is and shall remain the sole property of the Company. Nextelligence shall protect the Company Confidential Information from unauthorized dissemination and shall use the same degree of care that Nextelligence uses to protect its own like information, but in no event less than a reasonable degree of care. Nextelligence shall not disclose to third parties the Company Confidential Information without the prior written consent of the Company. Nextelligence shall use the Company Confidential Information only for purposes of performing its obligations or exercising its rights under this Agreement.
(b) Notwithstanding the provisions of Section 6.1(a6.l(a), Nextelligence may use or disclose the Company Confidential Information to the extent Nextelligence is legally compelled to do so, provided, however, that prior to any such compelled disclosure, Nextelligence notifies the Company and fully cooperates with cooperates.with the Company in protecting against any such disclosure and/or obtaining a protective order narrowing the scope of such disclosure and/or use of the Confidential Information. Nextelligence acknowledges and agrees that any breach of this Section 6.1 would cause irreparable harm to the Company for which monetary damages would not be adequate and, therefore, Nextelligence agrees that, in the event of a breach of this Section 6.1, the Company shall be entitled to equitable relief in addition to any remedies it may have hereunder or at law.
Appears in 2 contracts
Samples: Technology License and Development Agreement (FreeCast, Inc.), Technology License and Development Agreement (FreeCast, Inc.)
Company Confidential Information. (a) Nextelligence Telebrands acknowledges and agrees that the Company Confidential Information is and shall remain the sole property of the Company. Nextelligence Telebrands shall protect the Company Confidential Information from unauthorized dissemination and shall use the same degree of care that Nextelligence Telebrands uses to protect its own like information, but in no event less than a reasonable degree of care. Nextelligence Telebrands shall not disclose to third parties the Company Confidential Information without the prior written consent of the Company. Nextelligence Telebrands shall use the Company Confidential Information only for purposes of performing its obligations or exercising its rights under this Agreement.
(b) Notwithstanding the provisions of Section 6.1(a8.1(a), Nextelligence Telebrands may use or disclose the Company Confidential Information to the extent Nextelligence Telebrands is legally compelled to do so, provided, however, that prior to any such compelled disclosure, Nextelligence Telebrands notifies the Company and fully cooperates with the Company in protecting against any such disclosure and/or obtaining a protective order narrowing the scope of such disclosure and/or use of the Confidential Information. Nextelligence Telebrands acknowledges and agrees that any breach of this Section 6.1 8.1 would cause irreparable harm to the Company for which monetary damages would not be adequate and, therefore, Nextelligence Telebrands agrees that, in the event of a breach of this Section 6.18.1, the Company shall be entitled to equitable relief in addition to any remedies it may have hereunder or at law.
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