Common use of Seller’s Proprietary Information Clause in Contracts

Seller’s Proprietary Information. (a) Except as provided in Section 6.2(b), after the Closing and for a period of five (5) years following the Closing Date, Buyer agrees that it will keep confidential all of Seller’s and its Affiliates’ Proprietary Information that is received from, or made available by, Seller in the course of the transactions contemplated hereby related to Seller’s business other than the Purchased Business, except for such Proprietary Information the ownership of which is transferred to Buyer or a Buyer Designee as part of the Purchased Assets.

Seller’s Proprietary Information. (a) Except as provided in Section Sections 6.2(b) and 6.2(d), after the Closing and for a period of five (5) years following the Closing Date, Buyer agrees that it will keep confidential all of Seller’s 's and its Affiliates’ Proprietary Information ' present and future product plans, product enhancement information, customer information (including customers' applications and environments), development plans, or other technical and business information, that is received from, or made available by, Seller in the course of the transactions contemplated hereby related to Seller’s business other than the Purchased Businesshereby, except for such Proprietary Information the ownership of which as is transferred conveyed to Buyer or a Buyer Designee as part of the Purchased Assets.

Seller’s Proprietary Information. (a) Except as provided in Section 6.2(b)) or as otherwise provided by the Intellectual Property Agreement, from and after the Closing and for a period of five three (53) years following the Closing Date, Buyer agrees that it will keep confidential all of Seller’s and its Affiliates’ Proprietary Information that is received from, or made available by, Seller in the course of the transactions contemplated hereby related to Seller’s business other than hereby, and marked or identified at the Purchased Businesstime of disclosure as the proprietary or confidential information of Seller (“Seller Proprietary Information”), except for excluding any such Proprietary Information the ownership of which information that is transferred to Buyer or a Buyer Designee as part of the Purchased Assets.