Common use of Intellectual Property and Confidentiality Clause in Contracts

Intellectual Property and Confidentiality. 3.1 Party A shall have exclusive and proprietary rights and interests to all the rights, ownership, interests and intellectual property rights arising from or created by either Party as a result of its performance of this Agreement, including but not limited to copyright, patent, patent application rights, trademark rights, software, technical secrets, trade secrets and other intellectual properties. 3.2 The Parties acknowledge that any oral or written information exchanged between them with respect to this Agreement is confidential. Each Party shall maintain the confidentiality of all such information, and, without the written consent of other Party, shall not disclose any relevant information to any third party, except in the following circumstances: (a) such information is or will be in the public domain (provided that it is not the result of an unauthorized public disclosure by the receiving party); (b) information disclosed under applicable laws or regulations or stock exchange rules or regulations; or (c) information required to be disclosed by any Party to its legal counsel or financial advisor regarding the transaction contemplated hereunder, and such legal counsel or financial advisor are also bound by confidentiality duties similar to the duties under this section. Disclosure of any confidential information by the staff members or agency hired by any Party shall be deemed disclosure of such confidential information by such Party, and such Party shall be liable for breach of this Agreement. This Section shall survive the termination of this Agreement for any reason. 3.3 The Parties agree that this section shall survive the amendment, rescission or termination of this Agreement.

Intellectual Property and Confidentiality. 3.1 Party A shall have the exclusive and proprietary ownership, rights and interests to in all the rights, ownershiptitles, interests and intellectual property rights arising from or created by either Party as a result of its performance of this Agreement, (including but not limited to copyright, patent, patent application rightsright, trademark rightstrademark, software, technical secrets, trade secrets and other intellectual properties.others) generated or created out of the performance of this Agreement, whether developed by Party A or Party B. 3.2 The Parties acknowledge parties confirm that any oral or written information exchanged between them with respect to each other in connection with this Agreement is confidentialshall be considered confidential information. Each Party party shall maintain keep all the confidentiality of all such information, and, without the written consent of other Party, those information confidential and shall not disclose any relevant confidential information to any third party without the prior written consent of the other party, except in for the following circumstancesinformation: (a) such Any information is known or will be in expected to become known to the public domain (provided that it is not disclosed to the result public by one of an unauthorized public disclosure by the receiving partyparties); (b) any information required to be disclosed under the applicable laws or regulations or stock exchange rules or regulationsrequirements of stock exchange; or (c) the information required to be disclosed by any Party party to its legal counsel or financial advisor regarding advisers in connection with the transaction transactions contemplated hereunderunder this Agreement, and provided that such legal counsel or financial advisor are also bound by advisers shall be subject to the confidentiality duties obligations similar to the duties under those in this sectionArticle. Disclosure The disclosure of any confidential information by the staff members or agency hired organization employed by any Party party shall be deemed as the disclosure of such confidential information by such Partyparty, and such Party which shall be held legally liable for the breach of this Agreement. This Section Article shall survive upon the termination of this Agreement for any reason. 3.3 The Parties agree that this section Article shall survive the amendmentremain in force regardless of whether this Agreement is modified, rescission rescinded or termination of this Agreementterminated.