Common use of Protection Of Distributor Information Clause in Contracts

Protection Of Distributor Information. (a) Distributor understands that the Company does not wish to receive any information which Distributor, or any third party, considers confidential or proprietary. Information that Distributor supplies to the Company will not be treated as confidential by the Company unless, before receipt, the Company agrees in writing to do so. (b) The Company may use any information which Distributor makes available to the Company, designated as confidential by Distributor, and the Company may authorize its affiliates to use such information in their operations; provided, however, that the Company shall instruct its personnel to keep such information confidential by using the same care and discretion that it uses with similar data which the Company designates as confidential; further, the Company EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- March 8, 2003 Page 16 of 30 (c) Notwithstanding the foregoing, if the Company conducts an inspection in accordance with its rights pursuant hereto, any materials inspected will be treated as confidential and the Company will not disclose any of them unless required by law to do so.

Appears in 2 contracts

Samples: Exclusive Distribution Agreement (Applied Digital Solutions Inc), Exclusive Distribution Agreement (Applied Digital Solutions Inc)

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Protection Of Distributor Information. (a) Distributor understands that the Company does not wish to receive any information which Distributor, or any third party, considers confidential or proprietary. Information that Distributor supplies to the Company will not be treated as confidential by the Company unless, before receipt, the Company agrees in writing to do so. (b) The Company may use any information which Distributor makes available to the Company, designated as confidential by Distributor, and the Company may authorize its affiliates to use such information in their operations; provided, however, that the Company shall instruct its personnel to keep such information confidential by using the same care and discretion that it uses with similar data which the Company designates as confidential; further, the Company EXCLUSIVE DISTRIBUTION AGREEMENT -------------------------------- March 8, 2003 Page 16 shall not disclose any such confidential information by publication or otherwise to any third party without the prior written permission of 30Distributor. (c) Notwithstanding the foregoing, if the Company conducts an inspection in accordance with its rights pursuant hereto, any materials inspected will be treated as confidential and the Company will not disclose any of them unless required by law to do so.

Appears in 2 contracts

Samples: Exclusive Distribution Agreement (Applied Digital Solutions Inc), International Distribution Agreement (Applied Digital Solutions Inc)

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