Common use of Residual Information Clause in Contracts

Residual Information. Despite anything to the contrary in this Agreement and subject to Discloser’s patents, copyrights, mask work rights, and right to file a patent on Discloser’s solely created intellectual property, Recipient may use Residual Information for any purpose. Recipient must maintain the confidentiality of Residual Information in the same manner as for Confidential Information entitled to protection under this Agreement. The term “Residual Information” means ideas, concepts, know-how, experience, techniques, or any combination thereof contained in Discloser’s Confidential Information that are retained in the unaided memory of Recipient’s employees as a result of access to that Confidential Information authorized under this Agreement. However, a person's memory is not unaided if they intentionally memorize such Confidential Information so as to reduce it to a non-tangible form for the purpose of creating Residual Information. No party has any obligation to limit or restrict the assignment of such individual or to pay royalties for any work resulting from the use of Residual Information.

Appears in 2 contracts

Samples: Non Disclosure Agreement, Nondisclosure Agreement

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Residual Information. Despite anything to the contrary in this Agreement and subject to Discloser’s patents, copyrights, mask work rights, and right to file a patent on Discloser’s solely created intellectual property, Recipient may use Residual Information for any purpose. Recipient must maintain the confidentiality of Residual Information in the same manner as for Confidential Information entitled to protection under this Agreement. The term "Residual Information" means ideas, concepts, know-how, experience, techniques, or any combination thereof contained in Discloser’s Confidential Information that are retained in the unaided memory of Recipient’s employees as a result of access to that Confidential Information authorized under this Agreement. However, a person's memory is not unaided if they intentionally memorize such Confidential Information so as to reduce it to a non-tangible form for the purpose of creating Residual Information. No party has any obligation to limit or restrict the assignment of such individual or to pay royalties for any work resulting from the use of Residual Information.

Appears in 2 contracts

Samples: Non Disclosure Agreement, Non Disclosure Agreement

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