Common use of CONFIDENTIAL INFORMATION SECURITY Clause in Contracts

CONFIDENTIAL INFORMATION SECURITY. In connection with the Private Foreign Currency Exchange Agreement hereunder, the Parties will provide the each other with the information concerning the designated fiduciary banks originating in writing by each Party and is designated as confidential which the Parties hereby agree to treat as “Confidential Information”. The Parties understand and agree that any Confidential Information disclosed pursuant to this Agreement is secret, proprietary and of great value to each Party which value may be impaired if the secrecy of such information is not maintained. The Parties further agree that they will take reasonable security measures to preserve and protect the secrecy of such “Confidential Information” and will hold such information in trust and not to disclose such information, either directly or indirectly to any person or entity during the term of this Agreement or any time following the expiration or termination hereof; provided, however, that the Parties may disclose the Confidential Information to an assistant, agent or employee who has agreed in writing to keep such Information confidential and to whom disclosure is necessary for the providing of services under this Agreement.

CONFIDENTIAL INFORMATION SECURITY. In connection with the Private Foreign Currency Exchange Agreement hereunder, the Parties will provide the each other with the information concerning the designated fiduciary banks originating in writing by each Party Party, and is designated as confidential which the Parties hereby agree to treat as “Confidential Information”. The Parties understand fully understood and agree agreed that any Confidential Information disclosed pursuant to this Agreement is secret, proprietary and of great value to each Party which value may be impaired if the secrecy of such information is not maintained. The Parties further agree that they will take reasonable security measures to preserve and protect the secrecy of such “Confidential Information” and will hold such information in trust and not to disclose such information, either directly or indirectly to any person or entity during the term of this Agreement or any time following the expiration or termination hereof; provided, however, that the Parties may disclose the Confidential Information to an assistant, agent or employee who has agreed in writing to keep such Information confidential and to whom disclosure is necessary for the providing of services under this Agreement.