Common use of Ownership and Confidentiality Clause in Contracts

Ownership and Confidentiality. PARTICIPANT agrees that all knowledge and information regarding the MLS Content and any other information provided to PARTICIPANT in connection with the Agreement and Exhibit(s) belongs to RECOLORADO, is protected by copyrights, and is furthermore confidential and proprietary in nature. PARTICIPANT covenants that it will not challenge, interfere with, or violate RECOLORADO’S copyrights, trade secret rights, or any other proprietary rights in the MLS Content. The Agreement and Exhibit(s) govern the extent to which PARTICIPANT may use or supply such information. PARTICIPANT agrees to hold all confidential data, trade secrets, source codes, and technical expertise obtained from RECOLORADO confidential and to not disclose such information to any third party. This obligation to maintain the confidentiality of the information shall survive termination of the Agreement.