Common use of Protection and Marking Clause in Contracts

Protection and Marking. OHIO and Optionee each agree that all Confidential Information disclosed to the other party: (i) is to be held in strict confidence by the receiving party, (ii) is to be used by and under authority of the receiving party only as authorized in the Agreement, and (iii) shall not be disclosed by the receiving party, its employees or agents without the prior written consent of the disclosing party or as authorized in the Agreement. The receiving party has the right to use and disclose Confidential Information of the disclosing party reasonably in connection with the exercise of its rights under the Agreement, including disclosing to its employees, agents, consultants, and potential investors on a need to know basis, if those employees, agents, consultants, and potential investors have assumed an obligation to maintain the Confidential Information in confidence at least to the extent provided hereunder. Each party’s obligation of confidentiality hereunder includes, without limitation, using at least the same degree of care with the disclosing party’s Confidential Information as it uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Protection and Marking. OHIO BGSU and Optionee each agree that all Confidential Information disclosed to the other party: (i) is to be held in strict confidence by the receiving party, (ii) is to be used by and under authority of the receiving party only as authorized in the Agreement, and (iii) shall not be disclosed by the receiving party, its employees or agents without the prior written consent of the disclosing party or as authorized in the Agreement. The receiving party has the right to use and disclose Confidential Information of the disclosing party reasonably in connection with the exercise of its rights under the Agreement, including disclosing to its employees, agents, consultants, and potential investors on a need to know basis, if those employees, agents, consultants, and potential investors have assumed an obligation to maintain the Confidential Information in confidence at least to the extent provided hereunder. Each party’s obligation of confidentiality hereunder includes, without limitation, using at least the same degree of care with the disclosing party’s Confidential Information as it uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Protection and Marking. OHIO XXXX and Optionee each agree that all Confidential Information disclosed to the other party: (i) is to be held in strict confidence by the receiving party, (ii) is to be used by and under authority of the receiving party only as authorized in the Agreement, and (iii) shall not be disclosed by the receiving party, its employees or agents without the prior written consent of the disclosing party or as authorized in the Agreement. The receiving party has the right to use and disclose Confidential Information of the disclosing party reasonably in connection with the exercise of its rights under the Agreement, including disclosing to its employees, agents, consultants, and potential investors on a need to know basis, if those employees, agents, consultants, and potential investors have assumed an obligation to maintain the Confidential Information in confidence at least to the extent provided hereunder. Each party’s obligation of confidentiality hereunder includes, without limitation, using at least the same degree of care with the disclosing party’s Confidential Information as it uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Protection and Marking. OHIO University and Optionee each agree that all Confidential Information disclosed to the other party: (i) is to be held in strict confidence by the receiving party, (ii) is to be used by and under authority of the receiving party only as authorized in the Agreement, and (iii) shall not be disclosed by the receiving party, its employees or agents without the prior written consent of the disclosing party or as authorized in the Agreement. The receiving party has the right to use and disclose Confidential Information of the disclosing party reasonably in connection with the exercise of its rights under the Agreement, including disclosing to its employees, agents, consultants, and potential investors on a need to know basis, if those employees, agents, consultants, and potential investors have assumed an obligation to maintain the Confidential Information in confidence at least to the extent provided hereunder. Each party’s obligation of confidentiality hereunder includes, without limitation, using at least the same degree of care with the disclosing party’s Confidential Information as it uses to protect its own Confidential Information, but always at least a reasonable degree of care.