Common use of Functional Specifications Clause in Contracts

Functional Specifications. AXP may develop a high level functional specification of the Sites (without implementation information or engineering specifications), including existing and proposed functionality (the "Functionality Document"). AXP will own the Functionality Document and may disclose it to any third party and use it as the basis for product development by that third party, during the Term (and thereafter AXP's rights with respect to the Functional Document shall be unrestricted) and no person involved in the creation of the Functionality Document will be restricted hereunder with respect to future activity on account of such involvement; provided, however, that (i) GT is not by this paragraph assigning, licensing or granting any immunity under any patent right or copyright and (ii) if a person involved in the development of the Functionality Document accepts from GT a functionality suggestion identified in writing by GT as confidential or secret ("Confidential Functionality"), it will be held as Confidential Information until such time as the Confidential Functionality shall be made publicly available by GT or is otherwise available in the marketplace.