Common use of CONFIDENTIALITY AND LIMITATIONS Clause in Contracts

CONFIDENTIALITY AND LIMITATIONS. Licensee agrees that any Confidential Information disclosed by Licensor or an Affiliate (including Syntroleum) directly or indirectly to Licensee during the period from the date of Licensee's execution of the License Agreement through the term of this Agreement, will be kept confidential by Licensee 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, will not be disclosed to others or copied or duplicated (except for internal use), and will be used by Licensee solely as it relates to this Agreement, and for no other purpose, including Licensee's research, development or commercial activities related to the Conversion Process for its own account. Licensee may disclose such Confidential Information to third parties who have executed a secrecy agreement with Licensor or Syntroleum with confidentiality terms no less restrictive than those set forth in this Section 7.01. -------------

Appears in 2 contracts

Samples: License Agreement, License Agreement (Syntroleum Corp)

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