Common use of Secrecy and Nondisclosure Clause in Contracts

Secrecy and Nondisclosure. (a) Licensee hereby agrees that, during the life of this Agreement and for a period of five (5) years after its termination, it will hold secret and confidential, will not disclose in any manner to any person or concern (except to such of its sublicensees as are referred to in Article IX (b) and to such of its employees as are required to use the information and only then under an obligation of secrecy binding upon such sublicensees and employees), and will not use except under and pursuant to this Agreement, any of the secret processes, formulae or know-how pertaining to the manufacture, use or sale of the Products which Licensee, its affiliated companies, sublicensees or any of the officers, representative or employees of Licensee, its affiliated companies or sublicensees may acquire from Licensor under and pursuant to this Agreement.

Secrecy and Nondisclosure. (a) Licensee hereby agrees that, during the life of this Agreement and for a period of five (5) years after its termination, it will hold secret and confidential, will not disclose in any manner to any person or concern (except to such of its sublicensees as are referred to in Article IX (b) and to such of its employees as are required to use the information and only then under an obligation of secrecy binding upon such sublicensees and employees), and will not use except under and pursuant to this Agreement, any of the secret processes, formulae or know-how pertaining to the manufacture, use or sale of the Products which Licensee, its affiliated {A0036982.DOC} companies, sublicensees or any of the officers, representative or employees of Licensee, its affiliated companies or sublicensees may acquire from Licensor under and pursuant to this Agreement.