Use and Limitation on Use. Licensee acknowledges and agrees she or he will not acquire any interest in the IP, other than the right to utilize disclosed IP in operating the License’s business during the term hereof and that use or duplication of any IP in any other business would constitute an unfair method of competition. Licensee further acknowledges and agrees that the IP is proprietary, including trade information of the Licensor and is disclosed to Licensee solely on the condition that Licensee agrees, and Licensee does hereby agree, that Licensee:
Use and Limitation on Use. The Master Licensee acknowledges and agrees it will not acquire any interest in Trade and Industrial Secrets, other than the right to utilize disclosed Trade and Industrial Secrets in operating the Master License business during the term hereof and that use or duplication of any Trade and Industrial Secrets in any other business would constitute an unfair method of competition. The Master Licensee further acknowledges and agrees that the Trade and Industrial Secrets are proprietary to the Licensor, include trade secrets of the Licensor and are disclosed to the Master Licensee solely on the condition that the Master Licensee agrees, and the Master Licensee does hereby agree, that the Master Licensee: (a) will not use any Trade and Industrial Secrets in any other business or capacity; (b) will maintain the absolute confidentiality of all of the Trade and Industrial Secrets during and after the term of this Agreement; (c) will not make unauthorized copies of any portion of the Trade and Industrial Secrets disclosed in written or other tangible forms; and (d) will adopt and implement all reasonable procedures that Licensor prescribes to prevent unauthorized use or disclosure of the Trade and Industrial Secrets. 6.3.
Use and Limitation on Use. The Master Franchisee acknowledges and agrees it will not acquire any interest in Trade and Industrial Secrets, other than the right to utilize disclosed Trade Secrets in operating the Master Franchise business during the term hereof and that use or duplication of any Trade Secrets in any other business would constitute an unfair method of competition. The Master Franchisee further acknowledges and agrees that the Trade Secrets are proprietary, include trade secrets of the Franchisor and are disclosed to the Master Franchisee solely on the condition that the Master Franchisee agrees, and the Master Franchisee does hereby agree, that the Master Franchisee: (1) will not use Trade Secrets in any other business or capacity; (2) will maintain the absolute confidentiality of Trade Secrets during and after the term of this Agreement; (3) will not make unauthorized copies of any portion of Trade Secrets disclosed in written or other tangible forms; and (4) will adopt and implement all reasonable procedures that Franchisor prescribes to prevent unauthorized use or disclosure of Trade Secrets.
Use and Limitation on Use
