Common use of Level of Care Clause in Contracts

Level of Care. The Receiving Party will maintain the confidentiality of, and agrees to use the same care to prevent disclosure of, the Confidential Information and Personally Identifiable Information as it employs to avoid disclosure, publication or dissemination of its own information of a similar nature, but in no event less than a reasonable standard of care. The Receiving Party further agrees to use the Confidential Information and Personally Identifiable Information only in connection with and in furtherance of the business transactions contemplated by this Agreement; provided, however, that any Customer Confidential Information retained in the individual or collective memories of Supplier employees who have had access to said Confidential Information pursuant to this Agreement may freely use such residual information subject to the obligation of nondisclosure as to the source of such residual information. The Receiving Party may disclose Confidential Information and Personally Identifiable Information to its employees, directors, officers, affiliates, agents, subcontractors, attorneys, accountants or technical advisors, who have a need to have access to the Confidential Information and Personally Identifiable Information in carrying out the business transactions contemplated by this Agreement (“Authorized Representatives”). The Receiving Party will inform its Authorized Representatives of the confidential nature of the Confidential Information and Personally Identifiable Information and the applicability of this Agreement thereto and will obligate and direct its Authorized Representatives to maintain the confidentiality of the Confidential Information and Personally Identifiable Information, and otherwise to observe the terms of this Section 14.

Level of Care. The Receiving Party will maintain the confidentiality of, and agrees to use the same care to prevent disclosure of, the Confidential Information and Personally Identifiable Information as it employs to avoid disclosure, publication or dissemination of its own information of a similar nature, but in no event less than a reasonable standard of care. The Receiving Party further agrees to use the Confidential Information and Personally Identifiable Information only in connection with and in furtherance of the business transactions contemplated by this Agreement; provided, however, that any Customer Confidential Information retained in the individual or collective memories of Supplier employees who have had access to said Confidential Information pursuant to this Agreement may freely use such residual information subject to the obligation of nondisclosure as to the source of such residual information. The Receiving Party may disclose Confidential Information and Personally Identifiable Information to its employees, directors, officers, affiliates, agents, subcontractors, attorneys, accountants or technical advisors, who have a need to have access to the Confidential Information and Personally Identifiable Information in carrying out the business transactions contemplated by this Agreement (“Authorized Representatives”). The Receiving Party will inform its Authorized Representatives of the confidential nature of the Confidential Information and Personally Identifiable Information and the applicability of this Agreement thereto and will obligate and direct its Authorized Representatives to maintain the confidentiality of the Confidential Information and Personally Identifiable Information, and otherwise to observe the terms of this Section 1413.