Common use of Residuals Clause in Contracts

Residuals. This Agreement is not intended to prevent the receiving party from using Residual Knowledge, subject to any valid patents and copyrights of the disclosing party. Residual Knowledge means Information that is retained in the unaided memories of the receiving party’s employees who have had access to Information. Further, both parties recognize that their receipt of Information under this Agreement shall not create an obligation in any way limiting or restricting the work assignments of employees within either party’s organization.

Residuals. This Agreement is not intended to prevent the receiving party from using Residual Knowledge, subject to any valid patents and copyrights of the disclosing party. Residual Knowledge means Information that is retained in the unaided memories memo- xxxx of the receiving party’s employees who have had access to Information. Further, both parties recognize that their receipt of Information Informa- tion under this Agreement shall not create an obligation in any way limiting or restricting the work assignments of employees within either party’s organization.