Common use of CONFIDENTIALITY AND LIMITATIONS Clause in Contracts

CONFIDENTIALITY AND LIMITATIONS. 9.01 Licensee agrees that any Confidential Information disclosed by Syntroleum or an Affiliate directly or indirectly to Licensee during the term of this Agreement will be kept confidential by Licensee until five (5) years after the termination of this Agreement or fifteen (15) years from the Effective Date, whichever last occurs, with the same standard of care Licensee uses to protect its own similar confidential information and, except as otherwise provided in this Agreement, will not be disclosed to others or copied or duplicated (except for internal use) and will be used by Licensee solely for purposes covered by the scope of each license granted pursuant to this Agreement. Licensee may disclose such Confidential Information to third parties, except competitors of Syntroleum as a technology provider (including, but not limited to those entities listed on Exhibit E which Exhibit may be amended from time to time by the mutual agreement of the Parties, such agreement not to be unreasonably withheld) , who have executed a confidentiality agreement with Syntroleum with confidentiality terms no less restrictive than those set forth in this Section 9.01. To the extent reasonably necessary to carry out the purposes of this Agreement, Licensee may disclose any of the foregoing information to an Affiliate, provided that the Affiliate has agreed in writing to be bound by confidentiality terms no less restrictive than those set forth in this Section 9.01.

Appears in 2 contracts

Samples: Settlement Agreement and Mutual Release, Settlement Agreement and Mutual Release (Syntroleum Corp)

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CONFIDENTIALITY AND LIMITATIONS. 9.01 7.01 Licensee agrees that any Confidential Information disclosed by Syntroleum or an Affiliate directly or indirectly to Licensee during the term of this Agreement will be kept confidential by Licensee until five (5) years after the termination of this Agreement or fifteen (15) years from the Effective Date, whichever last occurs, with the same standard of care Licensee uses to protect its own similar confidential information and, except as otherwise provided in this Agreement, will not be disclosed to others or copied or duplicated (except for internal use) and will be used by Licensee solely for purposes covered by the scope of each license granted pursuant to this Agreement. Licensee may disclose such Confidential Information to third parties, except competitors of Syntroleum as a technology provider (including, but not limited to those entities listed on Exhibit E which Exhibit may be amended from time to time by the mutual agreement of the Parties, such agreement not to be unreasonably withheld) ), who have executed a confidentiality agreement with Syntroleum with confidentiality terms no less restrictive than those set forth in this Section 9.017.01. To the extent reasonably necessary to carry out the purposes of this Agreement, Licensee may disclose any of the foregoing information to an Affiliate, provided that the Affiliate has agreed in writing to be bound by confidentiality terms no less restrictive than those set forth in this Section 9.017.01.

Appears in 1 contract

Samples: Master License Agreement (Syntroleum Corp)

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CONFIDENTIALITY AND LIMITATIONS. 9.01 7.01 Licensee agrees that any Confidential Information disclosed by Syntroleum Licensor or an Affiliate directly or indirectly to Licensee during the period from the date of Licensee's execution of this Agreement through the term of this Agreement Agreement, will be kept confidential by Licensee until for a period of fifteen (15) years after the date of each disclosure, but not to exceed five (5) years after the termination of this Agreement or fifteen (15) years from the Effective Date, whichever last occurs, with the same standard of care Licensee uses to protect its own similar confidential information and, except as otherwise provided in this Agreement, Agreement will not be disclosed to others or copied or duplicated (except for internal use) , or for disclosure to Sublicensee), and will be used by Licensee solely for purposes covered by the scope of each license granted pursuant as it relates to this Agreement, and for no other purpose, including Licensee's research, development or commercial activities related to a Conversion Process for its own account. Licensee may disclose such Confidential Information to third parties, except competitors of Syntroleum as a technology provider (including, but not limited to those entities listed on Exhibit E which Exhibit may be amended from time to time by the mutual agreement of the Parties, such agreement not to be unreasonably withheld) , parties who have executed a confidentiality secrecy agreement with Syntroleum Licensor with confidentiality terms no less restrictive than those set forth in this Section 9.017.01. To the extent reasonably necessary to carry out the purposes of --------- this Agreement, Licensee may disclose any of the foregoing information to an Affiliate, provided that the Affiliate has agreed in writing to be bound by confidentiality terms no less restrictive than those set forth in this Section 9.01Agreement.

Appears in 1 contract

Samples: License Agreement (Syntroleum Corp)

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