Common use of Term of Obligations Clause in Contracts

Term of Obligations. The obligations of Sections 14.1 and 14.3 will expire five (5) years after termination or expiration of this Agreement. Within such five (5) year period, either Party may notify, in writing, the other Party of Confidential Information considered to be a trade secret of the notifying Party, in which event, the other Party will comply with the terms of Sections 14.1 and 14.3 with respect to such identified trade secret so long as it retains the characteristics of Confidential Information.

Appears in 4 contracts

Samples: Strategic Alliance Agreement (Celera CORP), Strategic Alliance Agreement (Applera Corp), Strategic Alliance Agreement (Celera CORP)

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Term of Obligations. The obligations of Sections 14.1 11.1 and 14.3 11.3 will expire five (5) years [***] after termination or expiration of this Agreement. Within such five (5) year [***] period, either Party may notify, in writing, the other Party of Confidential Information considered to be a trade secret of the notifying Party, in which event, the other Party will comply with the terms of Sections 14.1 11.1 and 14.3 11.3 with respect to such identified trade secret so long as it retains the characteristics of Confidential Information.

Appears in 2 contracts

Samples: Collaboration Agreement (Seattle Genetics Inc /Wa), Collaboration Agreement (Seattle Genetics Inc /Wa)

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