Common use of Information and Intellectual Property Clause in Contracts

Information and Intellectual Property. 2.1 Information and intellectual property provided by either party during the affiliation process and thereafter remains the property of the party disclosing that information (ACS or the Affiliate), and shall not be disclosed to a third party, including any institution with whom ACS or the Affiliate is affiliated. Exceptions to this are: a information that at the time of disclosure is in the public domain, or b information that, subsequent to disclosure, becomes part of the public domain other than through a breach of this Agreement, or c information that was already lawfully in the possession of the receiving party at the time of the disclosure, or d information required to be disclosed by law or by a public company having jurisdiction over the holder of the information.