Common use of Obligation to Surrender Clause in Contracts

Obligation to Surrender. Unless deviating written agreements have been made in individual cases, confidential information shall be returned without undue xx- xxx and at the first request of the disclosing party. Any copies must be deleted from all storage media, and the execution of the measures shall be confirmed to the disclosing party in writing upon request. Copies of confidential information that the receiving party is obligated to continue retaining owing to statutory retention pe- riods are excepted from this provision. These copies must be de- leted completely and without the other party requesting such no later than 30 calendar days after the expiration of the retention pe- riod. The deletion shall be confirmed in writing upon request from the disclosing party.

Appears in 5 contracts

Samples: Nondisclosure         Agreement, Nondisclosure        Agreement, Nondisclosure        Agreement

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