Common use of Disposition of Confidential Information Clause in Contracts

Disposition of Confidential Information. In the event of termination or expiration of this Agreement, except to the extent that a Party retains a license from the other Party under this Agreement following such termination or expiration, the Parties shall return or destroy all Confidential Information of the other Party within 30 days after such termination or expiration, provided, however, that each Party may retain one copy of such Confidential Information for record keeping purposes subject to a continuing obligation of confidentiality under Article 7.

Appears in 2 contracts

Samples: License Agreement (Verenium Corp), Asset Purchase Agreement (Verenium Corp)

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Disposition of Confidential Information. In the event of termination or expiration of this Agreement, except to the extent that a Party party retains a license from the other Party party under this Agreement following such termination or expiration, the Parties parties shall return or destroy all Confidential Information of the other Party party within 30 days after such termination or expiration, termination; provided, however, that each Party party may retain one copy of such Confidential Information for record keeping purposes subject to a continuing obligation of confidentiality under Article 74.

Appears in 2 contracts

Samples: License Agreement (Sequenom Inc), Stock and Asset Purchase Agreement (Sequenom Inc)

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Disposition of Confidential Information. In the event of termination or expiration of this Agreement, except to the extent that a Party retains a license from the other Party under this Agreement following such termination or expiration, the Parties parties shall return or destroy all Confidential Information of the other Party party within 30 days after such termination or expiration, termination; provided, however, that each Party party may retain one copy of such Confidential Information for record keeping purposes subject to a continuing obligation of confidentiality under Article 74.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Sequenom Inc)

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