Common use of Responsibility for Confidentiality Clause in Contracts

Responsibility for Confidentiality. Both parties acknowledge and confirm that any oral or written information exchanged by each other in connection with this contract is confidential. 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 party, except for the following information: (i) the public knows or will know such information (provided that it is not disclosed to the public without authorization by the party receiving the confidential information); (ii) information required to be disclosed by applicable laws or rules or regulations of any stock exchange; Or (iii) the information required to be disclosed by either party to its shareholders, directors, employees, legal or financial advisors regarding the transactions specified under this Contract, but such shareholders, directors, employees, legal or financial advisors shall also abide by confidentiality obligations similar to these terms. Any disclosure 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 contract.

Responsibility for Confidentiality. Both parties acknowledge and confirm Each party acknowledges that any oral or written information exchanged by each other it in connection with this contract Agreement is confidential. Both parties Each party shall keep all such information confidential and shall not disclose any relevant information to any third party without the written consent of the other partyparties, except for the following informationcircumstances: (i) the public knows or will know such information (provided that but it is not disclosed to the public without authorization by the party receiving the confidential informationinformation without authorization); (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 advisors advisers regarding the transactions specified under this ContractAgreement, but and such shareholders, directors, employees, legal or financial advisors advisers shall also abide by be subject to confidentiality obligations similar to these terms. Any The disclosure by either 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 contractAgreement.