Common use of Obligations Upon Termination or Expiration Clause in Contracts

Obligations Upon Termination or Expiration. Promptly after the expiration or termination of this Agreement, each receiving party shall return or, with the consent of the disclosing party, destroy all of the disclosing party's Confidential Information, including any third party Confidential Information in the hands of either party, except for (i) archive and backup copies that are not readily accessible for use, and (ii) business records required by law to be retained by the receiving party.

Appears in 3 contracts

Samples: Master Services Agreement (Perot Systems Corp), Master Services Agreement (Perot Systems Corp), Master Services Agreement (Perot Systems Corp)

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Obligations Upon Termination or Expiration. Promptly after the expiration or termination of this Agreement, except as provided in Section 6.5 with respect to the Developed Software, each receiving party shall return or, with the consent of the disclosing party, destroy all of the disclosing party's Confidential Information, including any third party Confidential Information in the hands of either party, except for (i) archive and backup copies that are not readily accessible for use, and (ii) business records required by law to be retained by the receiving party.

Appears in 2 contracts

Samples: Information Technology Services Agreement (Perot Systems Corp), Information Technology Services Agreement (Perot Systems Corp)

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Obligations Upon Termination or Expiration. Promptly after the expiration or termination of this Agreement, except as provided in Section 6:5 with respect to the Developed Software, each receiving party shall return or, with the consent of the disclosing party, destroy all of the disclosing party's Confidential Information, including any third party Confidential Information in the hands of either party, except for (i) archive and backup copies that are not readily accessible for use, and (ii) business records required by law to be retained by the receiving party.

Appears in 1 contract

Samples: It Services Agreement (Perot Systems Corp)

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