Common use of Confidentiality obligation and non-disclosure Clause in Contracts

Confidentiality obligation and non-disclosure. ‌ 1. The EuroHPC Joint Undertaking and the Hosting Entity undertake to preserve the confidentiality of any document, information or other material directly related to the subject of the Agreement that is duly classified as confidential. 2. The Parties will not use confidential information and documents for any reason other than fulfilling the obligations under the Agreement or the grant agreement, unless otherwise foreseen in writing. 3. A receiving party will notify the disclosing party if it is legally required to disclose any confidential information, or learns of any unauthorized disclosure of confidential information. 4. The parties will be bound by the obligation referred to in the above paragraphs during the implementation of the Agreement and for as long as the EuroHPC supercomputer remains in the Hosting Entity under the ownership of the EuroHPC Joint Undertaking and for a period of ten (10) years starting from the date of its termination, unless: a) the concerned party agrees to release the other party from the confidentiality obligations earlier; b) the confidential information becomes public through other means than in breach of the confidentiality obligation through disclosure by the party bound by that obligation; c) the disclosure of the confidential information is required by law, regulation or binding order of competent authorities. 5. In relation to the action funded under the grant agreement, the confidentiality rules in the grant agreement will apply.

Appears in 4 contracts

Samples: Hosting Agreement, Hosting Agreement, Hosting Agreement

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