Material Inside Information. The Receiving Party further acknowledges that it may receive material inside information regarding the Disclosing Party that has not been generally disclosed to the public in the course of its investigation and agrees to treat such information as Confidential Information. The Receiving Party further understands that if it receives such material inside information, it may not trade, directly or indirectly, in the securities of the Disclosing Party until such time as such information is no longer material or is otherwise disclosed to the public.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (Genzyme Corp), Common Stock Purchase Agreement (Abiomed Inc)