Common use of Disposition of Software Clause in Contracts

Disposition of Software. Promptly after the termination or expiration of this Agreement, the Software (including the magnetic or other physical media on which it was originally or subsequently recorded or fixed) and all related documentation and all hardware and equipment owned by Multex or which is not paid for by Company shall be returned by Company to Multex in good condition, reasonable wear and tear and damage by the elements excepted. At the direction of Multex, the Software may be completely deleted, erased or otherwise destroyed by Company.

Appears in 4 contracts

Samples: Internal Distribution Services Agreement (Multex Systems Inc), Internal Distribution Services Agreement (Multex Com Inc), Internal Electronic Distribution Services Agreement (Multex Systems Inc)

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