Common use of Duties Upon Expiration/Termination Clause in Contracts

Duties Upon Expiration/Termination. Upon expiration or termination of this Agreement, Licensee shall immediately discontinue use of the Licensed Information. Upon Licensor’s written request, Licensee shall return the Technical Information, documents and any other tangible or electronically recorded manifestations containing Licensed Information and other documents and any other tangible or electronically recorded manifestations that include or are derivative works of the Technical Information to Licensor and Licensee shall make no further use of the Licensed Information whatsoever; provided that, notwithstanding anything to the contrary in this Agreement, Licensee shall retain all ownership rights in, including the right to license third parties to use, the XXX STCs and XXX IP. As an alternative Licensor may require Licensee to destroy all copies of the Licensed Information in the possession of Licensee and provide Licensor with a certificate evidencing such destruction signed by an appropriate corporate officer. The limitations and restrictions on the use and disclosure of Licensed Information created by this Agreement shall survive the expiration or termination of this Agreement.