Common use of Ownership and Return Clause in Contracts

Ownership and Return. The disclosing Party (or a third party entrusting its information to the disclosing Party) owns its Confidential Information. Upon expiration or termination of this Agreement or at the request of the disclosing Party, the receiving Party shall return all originals, copies, and summaries of Confidential Information in its possession or control, except that legal counsel of the receiving Party may retain one (1) copy of the Confidential Information for the purpose of monitoring its obligations under this Agreement.

Ownership and Return. The disclosing Receiving Party (or a third acknowledges that the Disclosing party entrusting its information to the disclosing Party) owns its Confidential Information. Upon the expiration or termination of this Agreement or at the request of the disclosing Disclosing Party, the receiving Receiving Party shall return to the Disclosing Party all originals, copies, and summaries of documents, materials, and other tangible manifestations of Confidential Information in its the possession or control, except that legal counsel control of the receiving Party may retain one (1) copy of the Confidential Information for the purpose of monitoring its obligations under this AgreementReceiving Party.