Common use of Disclosure and Use Restriction Clause in Contracts

Disclosure and Use Restriction. Each Party agrees that, for so long as this Agreement is in effect and for a period of [***] thereafter, a Party (the “Receiving Party”) receiving Confidential Information of the other Party (the “Disclosing Party”) will (a) maintain in confidence such Confidential Information, (b) not disclose such Confidential Information except to the Receiving Party’s employees having a need-to-know such Confidential Information, (c) not disclose such Confidential Information to any Third Party without the prior written consent of the Disclosing Party (such consent not to be unreasonably withheld, conditioned or delayed), except for disclosures expressly permitted by this Agreement, and (d) not use such Confidential Information for any purpose except those expressly permitted by this Agreement.

Appears in 5 contracts

Samples: Cooperation and License Agreement (Praxis Precision Medicines, Inc.), Certain Confidential (Praxis Precision Medicines, Inc.), Certain Confidential (Praxis Precision Medicines, Inc.)

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