Common use of Markings and Legends Clause in Contracts

Markings and Legends. Discloser shall use reasonable efforts to xxxx all Confidential Information disclosed to Recipient as “Confidential.” If the Confidential Information is not in written or tangible form and marked “Confidential” when disclosed, Discloser shall use reasonable efforts to summarize the information in writing, xxxx the summary “Confidential,” and provide the summary to Recipient within thirty (30) days after disclosure of the Confidential Information to Recipient. Failure to meet the marking requirements shall not affect Recipient’s confidentiality obligations under this Agreement to the extent that: (a) Recipient has actual knowledge that the information is Confidential Information; (b) the information by its nature would reasonably be considered to be confidential; or (c) the information is disclosed or otherwise made available under circumstances that reasonably indicate that it is confidential or proprietary.

Appears in 4 contracts

Samples: Sublicense Agreement (Silo Pharma, Inc.), Master License Agreement (Silo Pharma, Inc.), Sublicense Agreement (Hoth Therapeutics, Inc.)

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