Common use of Confidentiality of the Agreement Clause in Contracts

Confidentiality of the Agreement. The parties agree to maintain all terms and conditions of this Agreement in confidence, except that (i) MSS may state that it has received a license from the University under this Agreement and may name the patents and Intellectual Property Rights to which such license rights apply; (ii) The University may state that it has licensed certain commercial exploitation rights within the Project Scope to MSS; (iii) this Agreement may be disclosed to either party's attorneys, accountants or other professional advisors in the course of seeking professional advice and to the extent required by applicable law or regulations or court order; and (iv) this Agreement may be disclosed by MSS to entities with which MSS is discussing a proposed sale of its stock, sale of all or substantially all of its assets, obtaining financing or entering into a partnering arrangement, provided that the entity to whom the terms of this Agreement is to be disclosed has executed a reasonable non-disclosure agreement.