Common use of Survival of Confidentiality Agreement Clause in Contracts

Survival of Confidentiality Agreement. (a) Notwithstanding anything contained in this Agreement to the contrary, the provisions of the Confidentiality Agreement dated as of June 11, 2009 between SSE and NVSL (the “Confidentiality Agreement”) shall survive and remain in full force and effect in accordance with their terms. (b) Each of SSE and NVSL shall promptly deliver to the other all agreements, documents, contracts, instruments, books, records, materials and other information (in any format) (“Proprietary Information”) of the other party, and, at the other party’s sole election, return or destroy (provided that any such destruction shall be certified by a duly authorized representative of the party) all copies, reproductions, summaries, analyses or extracts thereof or based thereon (whether in hard-copy form or on intangible media, such as electronic mail or computer files) in the party’s possession or in the possession of any of its representatives. Notwithstanding the return or destruction of any Proprietary Information, or documents or material containing or reflecting any Proprietary Information, the parties will continue to be bound by their obligations of confidentiality and other obligations hereunder for the term of the Confidentiality Agreement (or such other term as may be applicable to the specific obligation).

Appears in 2 contracts

Samples: Termination Agreement (Naugatuck Valley Financial Corp), Mutual Termination Agreement (Southern Connecticut Bancorp Inc)

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Survival of Confidentiality Agreement. (a) Notwithstanding anything contained in this Agreement to the contrary, the provisions of the Confidentiality Agreement dated as of June 11December 13, 2009 2006 between SSE Patapsco and NVSL Bradford (the "Confidentiality Agreement") shall survive and remain in full force and effect in accordance with their terms. (b) Each of SSE Patapsco and NVSL Bradford shall promptly deliver to the other all agreements, documents, contracts, instruments, books, records, materials and other information (in any format) ("Proprietary Information") of the other party, and, at the other party’s 's sole election, return or destroy (provided that any such destruction shall be certified by a duly authorized representative of the party) all copies, reproductions, summaries, analyses or extracts thereof or based thereon (whether in hard-copy form or on intangible media, such as electronic mail or computer files) in the party’s 's possession or in the possession of any of its representatives. Notwithstanding the return or destruction of any Proprietary Information, or documents or material containing or reflecting any Proprietary Information, the parties will continue to be bound by their obligations of confidentiality and other obligations hereunder for the term of the Confidentiality Agreement (or such other term as may be applicable to the specific obligation).

Appears in 2 contracts

Samples: Mutual Termination Agreement (Patapsco Bancorp Inc), Mutual Termination Agreement (Bradford Bancorp Inc /MD)

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