Common use of Confidentiality and Intellectual Property Clause in Contracts

Confidentiality and Intellectual Property. 8.1 Each Party agrees to keep the details of this Agreement confidential and not to disclose the same to any third party without the prior written consent of the other Party. 8.2 The Company agrees that all Confidential and proprietary information contained in the Global Village Database and communicated to it for the purpose of and in connection with this Agreement (including the Confidential Information of the customers if applicable), will be received in strict confidence and used only for purposes of this Agreement. The Company will use the same means as it uses to protect its own confidential information, but in no event less than reasonable means, to prevent the disclosure and to protect the confidentiality of such information. 8.3 The Company will not, and will ensure that its personnel, agents, contractors and sub- contractors will not, without having first obtained the express prior written approval of Global Village, directly or indirectly, publish or disclose, whether during the Term of this Agreement or at any time afterwards, to any third party, alone or in conjunction with any other party, any information (whether written, oral or electronic), article, press release, drawing, photograph, illustration or any other document relating to this Agreement and/or Global Village. 8.4 Global Village grants the Company a non-exclusive, non-fee paying right to use the Intellectual Property it provides for the purpose of the Marketing, and for the purposes of this Agreement only, for the Term provided the Company is in full consultation with Global Village prior to the use of such Intellectual Propety. 8.5 Each Party will remain the sole and exclusive owner of its Intellectual Property Rights and neither Party has any proprietary or other rights in or to them. However, should the Company create or otherwise bring into existence any Intellectual Property rights while carrying out Marketing or selling the Products pursuant to this Agreement, the Company hereby agrees to assign such rights, title and interest over to Global Village. 8.6 This clause will remain in full force and effect notwithstanding the expiration or termination of this Agreement.

Confidentiality and Intellectual Property. 8.1 6.1 Each Party agrees to keep the details of this Agreement confidential and not to disclose the same to any third party without the prior written consent of the other Party. 8.2 6.2 The Company agrees that all Confidential and proprietary information contained in the Global Village Database and communicated to it for the purpose of and in connection with this Agreement (including the Confidential Information of the customers if applicable), will be received in strict confidence and used only for purposes of this Agreement. The Company will use the same means as it uses to protect its own confidential information, but in no event less than reasonable means, to prevent the disclosure and to protect the confidentiality of such information. 8.3 6.3 The Company will not, and will ensure that its personnel, agents, contractors and sub- contractors will not, without having first obtained the express prior written approval of Global Village, directly or indirectly, publish or disclose, whether during the Term of this Agreement or at any time afterwards, to any third party, alone or in conjunction with any other party, any information (whether written, oral or electronic), article, press release, drawing, photograph, illustration or any other document relating to this Agreement and/or Global Village. 8.4 6.4 Global Village grants the Company a non-exclusive, non-fee paying right to use the Intellectual Property it provides for the purpose of the Marketing, and for the purposes of this Agreement only, for the Term provided the Company is in full consultation with Global Village the Company prior to the use of such Intellectual Propety. 8.5 6.5 Each Party will remain the sole and exclusive owner of its Intellectual Property Rights and neither Party has any proprietary or other rights in or to them. However, should the Company create or otherwise bring into existence any Intellectual Property rights while carrying out Marketing or selling the Products pursuant to this Agreement, the Company hereby agrees to assign such rights, title and interest over to Global Village. 8.6 6.6 This clause will remain in full force and effect notwithstanding the expiration or termination of this Agreement.