Common use of Responsibility for Confidentiality Clause in Contracts

Responsibility for Confidentiality. Each party acknowledges that any oral or written information exchanged by it in connection with this Agreement is confidential. Each party shall keep all such information confidential and shall not disclose any relevant information to any third party without the written consent of other parties, except for the following circumstances: (i) the public knows or will know such information (but it is not disclosed to the public by the party receiving the confidential information without authorization); (ii) information required to be disclosed by applicable laws or rules or regulations of any stock exchange; or (iii) information required to be disclosed by either party to its shareholders, directors, employees, legal or financial advisers regarding the transactions specified under this Agreement, and such shareholders, directors, employees, legal or financial advisers shall also be subject to confidentiality obligations similar to these terms. The disclosure of any party’s shareholder, director, employee or employing organization shall be deemed as the party’s disclosure and shall be liable for breach of contract in accordance with this Agreement.

Responsibility for Confidentiality. Each party acknowledges Both parties acknowledge and confirm that any oral or written information exchanged by it each other in connection with this Agreement contract is confidential. Each party Both parties shall keep all such information confidential and shall not disclose any relevant information to any third party without the written consent of the other partiesparty, except for the following circumstancesinformation: (i) the public knows or will know such information (but provided that it is not disclosed to the public without authorization by the party receiving the confidential information without authorizationinformation); (ii) information required to be disclosed by applicable laws or rules or regulations of any stock exchange; or Or (iii) the information required to be disclosed by either party to its shareholders, directors, employees, legal or financial advisers advisors regarding the transactions specified under this AgreementContract, and but such shareholders, directors, employees, legal or financial advisers advisors shall also be subject to abide by confidentiality obligations similar to these terms. The Any disclosure of any by either party’s shareholder, director, employee or employing organization shall be deemed as the party’s disclosure and shall be liable for breach of contract in accordance with this Agreementcontract.