Common use of Obligations and Duties upon Termination Clause in Contracts

Obligations and Duties upon Termination. If this Agreement is terminated or expires, both Parties shall be released from all obligations and duties imposed or assumed hereunder to the extent so terminated, except as expressly provided to the contrary in this Agreement. Upon expiration or termination, both Parties shall cease any further use of the Proprietary Information disclosed to the recipient by the disclosing Party.

Obligations and Duties upon Termination. If this Agreement is terminated or expiresterminated, both Parties parties shall be released from all obligations and duties imposed or assumed hereunder to the extent so terminated, except as expressly provided to the contrary in this Agreement. Upon expiration or termination, both Parties parties shall cease any further use of the Proprietary Information confidential information disclosed to the recipient receiving party by the disclosing Partyother party. Termination of this Agreement, for whatever reason, shall not affect the ***Certain information contained herein has been omitted pursuant to Regulation S-K 601(b)(10).