Common use of Confidential Information and Privacy Clause in Contracts

Confidential Information and Privacy. 7.1 The parties acknowledge that in the course of the Event, each party may obtain confidential or proprietary information of the other party or its affiliates. Save as may be required by law, such information shall be held in strict confidence and shall not be disclosed by the recipient to any unauthorized party without the prior written consent of the other party. This provision does not apply to information in the public domain or developed independently by the recipient.