Common use of Confidentiality of Intellectual Property of LICENSOR and Customer Proprietary Marketing Data of LICENSEE Clause in Contracts

Confidentiality of Intellectual Property of LICENSOR and Customer Proprietary Marketing Data of LICENSEE. It is expressly understood and agreed that all intellectual property and data furnished to LICENSEE by LICENSOR or any information or data regarding customers or data provided by LICENSEE to LICENSOR and such data as may be provided by one to the other regarding and including that required for the proper marketing, sale or re-sale of its products, all of which constitutes a valuable intellectual proprietary property and trade secret(s) of LICENSOR or LICENSEE, as the respective party providing such data has divulged. Providing such material, under any circumstances, shall not constitute a grant of any right of reproduction, manufacturing, distributing, resale, re-licensing (except as later set forth) or ownership in any manner whatsoever. Both LICENSEE and LICENSOR agree as follows:

Appears in 4 contracts

Samples: Agreement (Endeavor Power Corp), Modification Agreement (Parallax Diagnostics, Inc.), Agreement (ABC Acquisition Corp 1502)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.