NON-DISCLOSURE AND LIMITED USE. Recipient shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries and other affiliates who need to know such information and who are bound by restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth herein. Recipient shall not use any Proprietary Information for the benefit of itself or any third party or for any purpose other than the Purpose. Recipient shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient shall not decompile, disassemble or otherwise reverse engineer any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement, unless otherwise agreed to by the parties in
Appears in 2 contracts
Samples: Mutual Confidentiality Agreement (Perseon Corp), Mutual Confidentiality Agreement (Galil Medical LTD)
NON-DISCLOSURE AND LIMITED USE. Recipient Recipients shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries and other affiliates Representatives who need to know such information and who are bound by written restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth herein. Each Recipient shall be liable for any breach of this Agreement by any of its Representatives. Each Recipient and its Representatives shall not use any Proprietary Information for the benefit of itself (including its parents, subsidiaries, Affiliates or any third party party) or for any purpose other than the Purpose. Each Recipient and its Representatives shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Neither Recipient nor their respective Representatives shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient Recipients shall not (and shall not permit their Representatives to) decompile, disassemble or otherwise reverse engineer any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement, unless otherwise agreed to by the parties inin writing.
Appears in 2 contracts
Samples: Mutual Confidentiality Agreement, Mutual Confidentiality Agreement
NON-DISCLOSURE AND LIMITED USE. Recipient shall not visit the Subject Business, step on the premises or stand in front of the Subject Business without scheduling such a visit with Discloser and have Discloser’s permission. Recipient shall hold all Proprietary Information CPI, including but not limited to the identity of the potential Seller, address of the subject Business, price the property is offered for lease and or sale, in strict confidence and confidence. Recipient shall not only disclose any Proprietary Information to any third party, other than or reproduce the CPI to its employeespartner(s) and client(s) after any party receiving or intending to receive the CPI acknowledges and accepts the term of this Agreement, agentsevidenced by their signature hereto, consultants, subsidiaries and other affiliates who need to know such information providing Discloser with the name(s) of the Recipients’ partner(s) and who are bound by restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth hereinclient(s). Recipient shall not use any Proprietary Information CPI for the benefit of itself or any third party or for any purpose other than the Purposeparty. Recipient shall take not disclose the same existence or substance of the discussions between the parties or any terms of this Agreement or any related agreement between the parties (or any matters relating thereto), without the prior written consent of Discloser. Discloser shall not to divulge CPI, whether written or oral, received from Discloser, and agrees not to use and retain such CPI to further Recipient’s business in contravention of this Agreement, including the fact that the Subject Business may be available for sale. The standard of care protecting such information imposed on the Recipient upon receipt of CPI will be that degree of care that it the Recipient uses to protect prevent disclosure, publication or dissemination of its own proprietary or confidential and proprietary information and materials of similar nature and importance (high importance, but in no event less than reasonable care) . Neither the execution of this Agreement nor the furnishing of any CPI hereunder shall be construed as granting, whether expressly or by implication, estoppel or otherwise, any license to protect use said CPI. All such CPI shall remain the confidentiality exclusive and avoid the unauthorized use, disclosure, publication or dissemination proprietary property of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient shall not decompile, disassemble or otherwise reverse engineer any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement, unless otherwise agreed to by the parties inCONFIDENTIALTY AND NON-DISCLOSURE AGREEMENT
Appears in 1 contract
Samples: Confidentiality Agreement
NON-DISCLOSURE AND LIMITED USE. Recipient shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries and other affiliates Affiliates who need to know such information and who are bound in writing by restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth herein. For the purposes of this Agreement, an “Affiliate” means any subsidiary, person, corporation, or other form of enterprise, domestic or foreign, that directly or indirectly, control, are controlled by, or are under common control with a party; provided however, that the term “Affiliate” shall expressly exclude any such person or entity that is a direct competitor of the Discloser. Recipient shall not use any Proprietary Information for the benefit of itself or any third party or for any purpose other than the Purpose. Recipient shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient shall not decompile, disassemble or otherwise reverse engineer any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement. Except as required by law, unless otherwise agreed to by neither party shall disclose the existence or substance of the discussions between the parties inor any terms of this Agreement or any related agreement between the parties (or any matters relating thereto), without the prior written consent of the other party. Recipient’s obligations under this Section 3 shall survive and continue for five
Appears in 1 contract
Samples: Confidentiality Agreement
NON-DISCLOSURE AND LIMITED USE. Recipient shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries employees and other affiliates agents who need to know such information and who are bound by restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth herein. Recipient shall be responsible to Discloser for any inappropriate disclosure or use by such employees and agents. Recipient shall not use any Proprietary Information for the benefit of itself or any third party or for any purpose other than the Purpose. Recipient shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient shall not decompile, disassemble or otherwise reverse engineer any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement, unless otherwise agreed to by the parties inin writing. Except as required by law or as reasonably required to assert its rights hereunder, neither party shall disclose the existence or substance of the discussions between the parties or any terms of this Agreement or any related agreement between the parties (or any matters relating thereto), without the prior written consent of the other party.
Appears in 1 contract
NON-DISCLOSURE AND LIMITED USE. Recipient shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries and other affiliates who need to know such information and who are bound by restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth herein. Recipient shall not use any Proprietary Information for the benefit of itself or any third party or for any purpose other than the Purpose. Recipient shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient shall not decompile, disassemble or otherwise reverse engineer (except to the extent expressly permitted by applicable law, notwithstanding a contractual obligation to the contrary) any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement, unless otherwise agreed to by the parties inin writing. Except as required by law or as reasonably required to assert its rights hereunder, neither party shall disclose the existence or substance of the discussions between the parties or any terms of this Agreement or any related agreement between the parties (or any matters relating thereto), without the prior written consent of the other party. This specifically shall mean that Recipient may not make use of or reference to any of either party’s customers or clients to any parties, including shareholders and the like, without the prior written consent of the other party. The obligations of this Section 2 with respect to any item of Proprietary Information shall survive any termination or expiration of this Agreement.
Appears in 1 contract
Samples: Mutual Confidentiality Agreement
NON-DISCLOSURE AND LIMITED USE. Recipient shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries and other affiliates who need to know such information and who are bound by restrictions regarding disclosure and use obligations of confidentiality with respect to such information comparable to and no less restrictive than those set forth hereinProprietary Information. Recipient shall not use any Proprietary Information for the benefit of itself or any third party or for any purpose other than the Purpose. Recipient shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Recipient shall not decompile, disassemble or otherwise reverse engineer (except to the extent expressly permitted by applicable law, notwithstanding a contractual obligation to the contrary) any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose relationship and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials Proprietary Information related to, or activities undertaken in connection with, carrying out such business relationship or other arrangementrelationship, unless otherwise agreed to by the parties inin writing. The obligations of this Section 2 with respect to any item of Proprietary Information shall continue for seven (7) years from the date of Recipient’s receipt of such Proprietary Information.
Appears in 1 contract
Samples: Non Disclosure Agreement
NON-DISCLOSURE AND LIMITED USE. Recipient shall hold all Proprietary Information in strict confidence and shall not disclose any Proprietary Information to any third party, other than to its employees, agents, consultants, subsidiaries employees and other affiliates agents who need to know such information and who are bound in writing by restrictions regarding disclosure and use of such information comparable to and no less restrictive than those set forth herein. Recipient shall not use any Proprietary Information for the benefit of itself or any third party or for any purpose other than the Purpose. Recipient shall take the same degree of care that it uses to protect its own confidential and proprietary information and materials of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure, publication or dissemination of the Proprietary Information. Recipient shall not make any copies of the Proprietary Information except to the extent reasonably necessary to carry out the Purpose, or unless otherwise approved in writing in advance by Discloser. Any such copies made shall be identified as the property of Discloser and marked “confidential,” “proprietary” or with a similar legend. Recipient shall not decompile, disassemble or otherwise reverse engineer (except to the extent expressly permitted by applicable law, notwithstanding a contractual obligation to the contrary) any Proprietary Information or any portion thereof, or determine or attempt to determine any source code, algorithms, methods or techniques embodied in any Proprietary Information or any portion thereof. If the parties mutually agree to enter into or continue a business relationship or other arrangement relating to the Purpose and do not enter into a new confidentiality agreement, the terms and conditions set forth herein shall also apply to any information and/or materials related to, or activities undertaken in connection with, carrying out such business relationship or other arrangement, unless otherwise agreed to by the parties inin writing. Except as required by law or as reasonably required to assert its rights hereunder, neither party shall disclose the existence or substance of the discussions between the parties or any terms of this Agreement or any related agreement between the parties (or any matters relating thereto), without the prior written consent of the other party. The obligations of this Section 2 with respect to any item of Proprietary Information or with respect to any discussions or agreements between the parties shall survive any termination or expiration of this Agreement.
Appears in 1 contract
Samples: Mutual Confidentiality Agreement