Common use of Restrictions on Disclosure and Use Clause in Contracts

Restrictions on Disclosure and Use. The Receiving Party shall use the Disclosing Party’s Confidential Information solely in connection with this Agreement or to enforce its rights under this Agreement. No other use will be made of the Confidential Information by the Receiving Party or its Representatives, it being recognized the Disclosing Party has reserved all rights to the Confidential Information not expressly granted herein. The Receiving Party shall not disclose the Disclosing Party’s Confidential Information to any person or entity, except to the Receiving Party’s employees, contractors or professional advisors who have a need to know the Confidential Information for the Receiving Party to exercise its rights or perform its obligations hereunder and who are bound by obligations of confidentiality at least as restrictive than those of this Agreement. The Receiving Party shall be responsible for the acts or omissions of any third party to which it discloses Confidential Information. The Receiving Party shall treat the Disclosing Party’s Confidential Information as confidential and shall use the same degree of care it uses to protect its own confidential information, but in no event less than a reasonable degree of care.