Common use of Nondisclosure and Nonuse Clause in Contracts

Nondisclosure and Nonuse. Each party agrees not to disclose any of the terms of this Agreement to any third party without the prior written consent of the other party. Caltech agrees not to disclose to any third party Licensee’s reports provided pursuant to Sections 5.1 and 7.2, or to use such reports except as necessary to perform its obligations or to exercise its rights under this Agreement, and further agrees to take reasonable measures to confine access to such reports to those employees with a reasonable need to access the information therein. Licensee agrees not to disclose Technology or reports provided pursuant to Section 7.3 to any third party except to Affiliates, Sublicensees, consultants, contractors or those under reasonable confidentiality obligations and whose receipt of said information is necessary for Licensee’s business activities.