Common use of Confidentiality; Unfair Competition Clause in Contracts

Confidentiality; Unfair Competition. 8.1 The Service Provider is obligated to maintain the Service Recipient's business secrets. By "Business Secret" within the meaning of this Contract will be considered all types of information, projects, programs, plans and data of any form, which are related to the service performed by the Service Provider Party to the contract, or with the service of any other Service Provider at the Recipient, as well as with the object of economic and financial activity of the Recipient. 8.2 The Service Provider may not use this data in any other type of service relationship, whether part- time, or due to any other legal relationship established with natural or non-legal persons party to this contract. 8.3 The Service Provider is obliged to store and not make public the information considered business secret, to the competing natural or legal persons of the Service Recipient even after the termination of this Contract. 8.4 In case of violation of the provisions set out in points 1, 2, 3, of this article, the contractual relationship with the Service Provider may be terminated with immediate effect and the Service Provider will be obliged to compensate the Service Recipient for the damage of caused. 8.5 The term of maintaining confidentiality, as well as business secrecy will continue without interruption even after the termination of the contractual relationship.

Appears in 1 contract

Samples: Service Contract

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