Common use of Data Received from Supplier Clause in Contracts

Data Received from Supplier. Customer acknowledges and recognizes that Supplier is in the business of selling computers, computer components and equipment, and software, which business is highly competitive, and that Customer, during its relationship with Supplier, will have access to and become familiar with certain proprietary information of Supplier, including without limitation, client information, design information, methods of operation, and technical data of a highly confidential nature. During the term of this Agreement and at all times thereafter, Customer agrees that, unless this information has already become common knowledge or unless required to disclose it by a court order or governmental process, Customer shall hold the information in trust solely for Supplier's benefit and Customer shall not use or exploit such information for its own benefit, and shall not directly or indirectly disclose it to any person or entity, other than Customer's employees or personnel, without Supplier's prior written permission. Customer may disclose such information to its employees and personnel, but only if such employees and personnel have a need to know of such information in the course of Customer's operation of its business. With respect to all confidential information, Customer will instruct its employees and personnel to keep this information confidential and not to disclose it directly or indirectly to any person or entity without Supplier's prior written permission.

Appears in 4 contracts

Samples: Exclusive Supplier Agreement (Make Your Move Inc), Exclusive Supplier Agreement (Make Your Move Inc), Exclusive Supplier Agreement (Make Your Move Inc)

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