Common use of Disclosure and Use Clause in Contracts

Disclosure and Use. The Receiving Party agrees to use the Confidential Information of the Disclosing Party solely for purposes of performing its obligations and exercising its rights under this Agreement. Nothing herein shall preclude disclosure by the Receiving Party to that Party’s attorneys, accountants or other employees who have a bona fide need to know the Confidential Information in connection with the Receiving Party’s performance under this Agreement. The Receiving Party shall use at least the same degree of care the Receiving Party employs with respect to its own Confidential Information, but in no event take less than a reasonable standard of care to prevent unauthorized use and disclosure of the Confidential Information of the Disclosing Party.

Disclosure and Use. The Receiving Party agrees to use the Confidential Information of the Disclosing Party solely for purposes of performing its obligations and exercising its rights under this Agreement. Nothing herein shall preclude disclosure by the Receiving Party to that Party’s attorneys, accountants or other employees who have a bona fide need to know the Confidential Information in connection connecting with the Receiving Party’s performance under this Agreement. The Receiving Party shall use at least the same degree of care the Receiving Party employs with respect to its own Confidential Information, but in no event take less than a reasonable standard of care take to prevent unauthorized use and disclosure of the Confidential Information of the Disclosing Party.