Common use of Non-Disclosure to Third Parties Clause in Contracts

Non-Disclosure to Third Parties. Except as required by the Consultant’s duties, the Consultant shall not, at any time, directly or indirectly, use, publish, disseminate or otherwise disclose any Confidential Information, Concepts or Ideas relating to the present, past or prospective business of the Company to any third party without the prior written consent of the Company, which consent may be denied in each instance and all of the same, together with publication rights, shall belong exclusively to the Company; provided, however, that if the Consultant is required by law (by oral questions, interrogatories, requests for information or documents, subpoena, civil investigative demand, legal process or similar process), or receives notice that action may be taken to require the Consultant, under law, to disclose any Confidential Information, it is agreed that, to the extent not legally prohibited, the Consultant will provide to the Company prompt notice of such request so that it may seek an appropriate protective order and/or waive compliance with the provisions of this Agreement. The Consultant may disclose without liability hereunder only that portion of the Confidential Information that the Consultant is advised by counsel is legally required to be disclosed; provided, that to the extent not legally prohibited, the Consultant shall give the Company written notice of the information to be disclosed as far in advance of the Consultant’s disclosure as is practicable and, upon the Company’s written request, use commercially reasonable efforts to assist the Company in its efforts to obtain assurances that confidential treatment will be accorded to such information.

Appears in 4 contracts

Samples: Consulting Agreement (Point Therapeutics Inc), Consulting Agreement (Point Therapeutics Inc), Consulting Agreement (Point Therapeutics Inc)

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