Common use of Certain Obligations Clause in Contracts

Certain Obligations. During the Term and for a period of five (5) years thereafter, Licensee, with respect to COH Confidential Information, and COH, with respect to Licensee Confidential Information, agree: 11.3.1 to use such Confidential Information only for the purposes contemplated under this Agreement, 11.3.2 to treat such Confidential Information as it would its own proprietary information which in no event shall be less than a reasonable standard of care, 11.3.3 to take reasonable precautions to prevent the disclosure of such Confidential Information to a Third Party without written consent of the other Party, and 11.3.4 to only disclose such Confidential Information to those employees, agents and Third Parties who have a need to know such Confidential Information for the purposes set forth herein and who are subject to obligations of confidentiality no less restrictive than those set forth herein.

Appears in 3 contracts

Sources: Exclusive License Agreement (GeoVax Labs, Inc.), Conditional Stock Purchase Agreement (Scopus BioPharma Inc.), Exclusive License Agreement (Scopus BioPharma Inc.)

Certain Obligations. During the Term and for a period of five (5) years thereafterthereafter and subject to the exceptions set forth in Section 11.2, Licensee, with respect to COH Confidential Information, and COH, with respect to Licensee Confidential Information, agree: 11.3.1 to use such Confidential Information only for the purposes contemplated under this Agreement, 11.3.2 to treat such Confidential Information as it would its own proprietary information which in no event shall be less than a reasonable standard of care, 11.3.3 to take reasonable precautions to prevent the disclosure of such Confidential Information to a Third Party without written consent of the other Party, and 11.3.4 to only disclose such Confidential Information to those employees, agents and Third Parties who have a need to know such Confidential Information for the purposes set forth herein and who are subject to obligations of confidentiality no less restrictive than those set forth herein.

Appears in 3 contracts

Sources: Exclusive License Agreement (Sorrento Therapeutics, Inc.), Exclusive License Agreement (Sorrento Therapeutics, Inc.), Exclusive License Agreement (Sorrento Therapeutics, Inc.)

Certain Obligations. During the Term and for a period of five (5) years [***] thereafter, Licensee, with respect to COH Confidential Information, and COH, with respect to Licensee Confidential Information, agree: 11.3.1 to use such Confidential Information only for the purposes contemplated under this Agreement, 11.3.2 to treat such Confidential Information as it would its own proprietary information which in no event shall be less than a reasonable standard of care, 11.3.3 to take reasonable precautions to prevent the disclosure of such Confidential Information to a Third Party without written consent of the other Party, and 11.3.4 to only disclose such Confidential Information to those employees, agents and Third Parties who have a need to know such Confidential Information for the purposes set forth herein and who are subject to obligations of confidentiality no less restrictive than those set forth herein.

Appears in 1 contract

Sources: Non Exclusive License Agreement (Adicet Bio, Inc.)

Certain Obligations. During the Term and for a period of five (5) years thereafter, Licensee, with respect to COH Licensor Confidential Information, and COHLicensor, with respect to Licensee Confidential Information, agree: 11.3.1 (a) to use such Confidential Information only for the purposes contemplated under this Agreement,; 11.3.2 (b) to treat such Confidential Information as it would its own proprietary information which in no event shall be less than a reasonable standard of care,; 11.3.3 (c) to take reasonable precautions to prevent the disclosure of such Confidential Information to a Third Party without written consent of the other Party, ; and 11.3.4 (d) to only disclose such Confidential Information to those employees, agents and Third Parties who have a need to know such Confidential Information for the purposes set forth herein and who are subject to obligations of confidentiality no less restrictive than those set forth herein.

Appears in 1 contract

Sources: Exclusive License Agreement (Radiopharm Theranostics LTD)