Common use of CONFIDENTIALITY OF INFORMATION SHARED Clause in Contracts

CONFIDENTIALITY OF INFORMATION SHARED. The two parties do hereby agree not to disseminate, through any means whatsoever, the scientific or technical information belonging to the other entity and to which they may have had access when undertaking the project which is the subject of this agreement. The previous paragraph shall not be applicable when: The receiving party can demonstrate that it already knew the information. The information is of public domain. The receiving party acquired this information from a third party without there being any confidentiality commitment involved. The information was to be disseminated by specific legal mandate, order from the competent authority, decree, rule or other legal norm. In this regard, each party assumes the obligation of confidentiality with regard to the information received from the other part, without the receiving party being able to pass on to third parties said information and documentation, under any circumstances, without the previous express written authorisation from the issuing party, in which case the receiving party must convey to said third parties an identical confidentiality obligation. The confidential information shall not be used for any purposes other than those set out in the present agreement. Pursuant to this, the parties agree that all personnel participating in the project shall be aware of and shall abide by the confidentiality commitment set out under this clause. The parties do hereby give their authorisation to give public notification of the signing of this agreement, which may include: title, basic summary of the content, budget and deadline for completing the project.