Common use of Multitest Confidential Information Clause in Contracts

Multitest Confidential Information. Unless otherwise agreed to in writing by Multitest, all information sent to Buyer in connection with this Contract shall bear the Multitest copyright, and Xxxxx agrees to treat all such items as the copyrighted and proprietary information of Multitest. Furthermore, the sole and exclusive ownership of, and all copyright interest embodied in, the designs, tools, patterns, drawings, information and Multitest Products supplied by Multitest hereunder, and the exclusive rights with respect to the use and reproduction of any of the foregoing, are expressly reserved to Multitest. Buyer shall have no rights in or to any of the foregoing other than for the ownership of the Multitest Product sold to the Buyer and the non- exclusive right and license to use Multitest’s proprietary information contained in such Multitest Product in Buyer’s business, solely through the implementation of the Multitest Product sold to Buyer. In protecting the confidentiality of such information, Buyer shall be held to the standard of care it uses in protecting its own such confidential and proprietary information, but not less than a reasonable degree of care under the circumstances prevailing. Notwithstanding Multitest's claim of confidential or proprietary status, the following information shall not be subject to the obligation of confidentiality or non-use: information which was or becomes known to Buyer from sources other than Multitest; information which is independently developed by Buyer, or by its consultants, without breach of these terms; information which is or becomes part of the public domain without breach of these terms; information which is disclosed to third parties without restriction or breach of these terms.

Appears in 3 contracts

Samples: Terms and Conditions of Sale, Systeme GMBH Terms and Conditions of Sale, Terms and Conditions of Sale

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Multitest Confidential Information. Unless otherwise agreed to in writing by Multitest, all information sent to Buyer in connection with this Contract shall bear the Multitest copyright, and Xxxxx Buyer agrees to treat all such items as the copyrighted and proprietary information of Multitest. Furthermore, the sole and exclusive ownership of, and all copyright interest embodied in, the designs, tools, patterns, drawings, information and Multitest Products supplied by Multitest hereunder, and the exclusive rights with respect to the use and reproduction of any of the foregoing, are expressly reserved to Multitest. Buyer shall have no rights in or to any of the foregoing other than for the ownership of the Multitest Product sold to the Buyer and the non- exclusive right and license to use Multitest’s proprietary information contained in such Multitest Product in Buyer’s business, solely through the implementation of the Multitest Product sold to Buyer. In protecting the confidentiality of such information, Buyer shall be held to the standard of care it uses in protecting its own such confidential and proprietary information, but not less than a reasonable degree of care under the circumstances prevailing. Notwithstanding Multitest's ’s claim of confidential or proprietary status, the following information shall not be subject to the obligation of confidentiality or non-use: information which was or becomes known to Buyer from sources other than Multitest; information which is independently developed by Buyer, or by its consultants, without breach of these terms; information which is or becomes part of the public domain without breach of these terms; information which is disclosed to third parties without restriction or breach of these terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Xcerra Corp)

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Multitest Confidential Information. Unless otherwise agreed to in writing by Multitest, all information sent to Buyer in connection with this Contract shall bear the Multitest copyright, and Xxxxx Buyer agrees to treat all such items as the copyrighted and proprietary information of Multitest. Furthermore, the sole and exclusive ownership of, and all copyright interest embodied in, the designs, tools, patterns, drawings, information and Multitest Products supplied by Multitest hereunder, and the exclusive rights with respect to the use and reproduction of any of the foregoing, are expressly reserved to Multitest. Buyer shall have no rights in or to any of the foregoing other than for the ownership of the Multitest Product sold to the Buyer and the non- exclusive right and license to use Multitest’s proprietary information contained in such Multitest Product in Buyer’s business, solely through the implementation of the Multitest Product sold to Buyer. In protecting the confidentiality of such information, Buyer shall be held to the standard of care it uses in protecting its own such confidential and proprietary information, but not less than a reasonable degree of care under the circumstances prevailing. Notwithstanding Multitest's claim of confidential or proprietary status, the following information shall not be subject to the obligation of confidentiality or non-use: information which was or becomes known to Buyer from sources other than Multitest; information which is independently developed by Buyer, or by its consultants, without breach of these terms; information which is or becomes part of the public domain without breach of these terms; information which is disclosed to third parties without restriction or breach of these terms.

Appears in 1 contract

Samples: Terms and Conditions of Sale

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