Common use of Employee and Advisor Obligations Clause in Contracts

Employee and Advisor Obligations. Each Party agrees that it shall provide Confidential Information received from the other Party only to its and its Affiliates' employees, consultants, advisors, contractors and permitted sublicensees who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement and have an obligation to treat such information and materials as confidential under terms no less restrictive than those set forth herein.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Alnylam Pharmaceuticals, Inc.), License Agreement (Alnylam Pharmaceuticals, Inc.), License Agreement (Alnylam Pharmaceuticals, Inc.)

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Employee and Advisor Obligations. Each Party agrees that it shall provide Confidential Information received from the other Party only to its and its Affiliates' employees, consultants, consultants and advisors, contractors and permitted sublicensees to the employees, consultants and advisors of such Party's Affiliates, who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement and have an obligation to treat such information and materials as confidential under terms no less restrictive than those set forth herein.

Appears in 3 contracts

Samples: Quality Agreement (Idenix Pharmaceuticals Inc), License and Commercialization Agreement (Idenix Pharmaceuticals Inc), License and Commercialization Agreement (Idenix Pharmaceuticals Inc)

Employee and Advisor Obligations. Each Party agrees that it shall may provide Confidential Information received from the other Party (including the terms of this Agreement) only to its and its Affiliates' ’ (a) employees, consultants, advisors, advisors and contractors and permitted sublicensees who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement Agreement, and (b) potential and existing investors, lenders and acquirors, in each case who have an obligation to treat such information and materials as confidential under terms no less restrictive than those set forth herein.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Arrowhead Research Corp), License and Collaboration Agreement (Alnylam Pharmaceuticals, Inc.), License and Collaboration Agreement (Alnylam Pharmaceuticals, Inc.)

Employee and Advisor Obligations. Each Party agrees that it shall provide Confidential Information received from the other Party only (a) to its and its Affiliates' employees, consultants, consultants and advisors, contractors and permitted sublicensees to the employees, consultants and advisors of such Party’s Affiliates, who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement and have an obligation to treat such information and materials as confidential under terms no less restrictive than those set forth herein, or (b) as otherwise expressly permitted by this Agreement.

Appears in 2 contracts

Samples: Termination and Revised Relationship Agreement (Novartis Ag), Relationship Agreement (Idenix Pharmaceuticals Inc)

Employee and Advisor Obligations. Each The receiving Party agrees that it shall provide Confidential Information received from the other disclosing Party only to its and its Affiliates' respective employees, consultants, consultants and advisors, contractors and permitted sublicensees to the employees, consultants and advisors of such Party's Affiliates, who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement and have an obligation to treat such information and materials as confidential under terms no less restrictive than those set forth herein.. 1.3

Appears in 1 contract

Samples: Settlement Agreement

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Employee and Advisor Obligations. Each Party agrees The Parties each agree that it they shall provide Confidential Information received from the other another Party only to its and its Affiliates' their respective employees, consultants, consultants and advisors, contractors and permitted sublicensees to the employees, consultants and advisors of such Party's Affiliates, who have a need to know know, provided that such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement employees, consultants and have an obligation advisors agree to treat such information and materials as confidential under terms no less restrictive than those set forth hereinconfidential.

Appears in 1 contract

Samples: Sublicense Agreement (Tripath Imaging Inc)

Employee and Advisor Obligations. Each Party agrees that it and its Affiliates shall provide Confidential Information received from the other Party only to its and its Affiliates' employees, consultants, advisors, ’ Representatives and contractors and permitted sublicensees who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement or the other Transaction Documents and have an obligation to treat such information obligations restricting disclosure and materials as confidential under use of the Confidential Information on terms no less restrictive than those set forth herein.

Appears in 1 contract

Samples: Option Agreement and Plan of Merger (Alcon Inc)

Employee and Advisor Obligations. Each The receiving Party agrees that it shall provide Confidential Information received from the other disclosing Party only to its and its Affiliates' respective employees, consultants, consultants and advisors, contractors and permitted sublicensees to the employees, consultants and advisors of such Party's Affiliates, who have a need to know such information in order for the receiving Party to exercise its rights or perform its obligations under this Agreement and have an obligation to treat such information and materials as confidential under terms no less restrictive than those set forth herein.

Appears in 1 contract

Samples: Settlement Agreement (Prana Biotechnology LTD)

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