Common use of Proprietary Information and Confidentiality Clause in Contracts

Proprietary Information and Confidentiality. 7.1 In the course of performing under this Agreement, COMPANY may disclose to UNIVERSITY COMPANY Proprietary Information, and UNIVERSITY may disclose to COMPANY UNIVERSITY Proprietary Information pursuant to proposing to or soliciting from the other Party research proposals and performing the Research Project by one or more Parties as set forth in the Statement of Work (hereinafter referred to as “Purpose”). 7.2 UNIVERSITY agrees to hold in confidence and not disclose any and all COMPANY Proprietary Information received from COMPANY hereunder. COMPANY agrees to hold in confidence and not disclose any and all UNIVERSITY Proprietary Information received from UNIVERSITY hereunder. The confidentiality obligations of each Party receiving Proprietary Information shall extend for three (3) years from the date of disclosure, when such disclosure is made consistent with Section 7.3. Unless otherwise permitted by this Agreement, each Party shall use the Proprietary Information only for and to the extent required to accomplish the Purpose under this Agreement. The Parties shall only disclose the Proprietary Information to those Staff Members that have a legitimate business need for such information and only for and to the extent required to accomplish the Purpose of this Agreement or to exercise the rights granted under this Agreement. Either Party may disclose the other Party’s Proprietary Information to its affiliates, contractors, and consultants that are under a written obligation of confidentiality no less restrictive than contained herein to the extent necessary to accomplish the Purpose of this Agreement.

Proprietary Information and Confidentiality. 7.1 In the course of performing under this Agreement, COMPANY may disclose to UNIVERSITY GTRC COMPANY Proprietary Information, and UNIVERSITY GTRC may disclose to COMPANY UNIVERSITY GTRC Proprietary Information pursuant to proposing to or soliciting from the other Party research proposals and performing the Research Project Projects by one or more Parties as set forth in the Statement of Work approved Task Orders (hereinafter referred to as “Purpose”). 7.2 UNIVERSITY GTRC agrees to hold in confidence and not disclose any and all COMPANY Proprietary Information received from COMPANY hereunder. COMPANY agrees to hold in confidence and not disclose any and all UNIVERSITY GTRC Proprietary Information received from UNIVERSITY GTRC hereunder. The confidentiality obligations of each Party receiving Proprietary Information shall extend for three (3) years from the date Effective Date of disclosure, when such disclosure is made consistent with Section 7.3a Task Order. Unless otherwise permitted by this Agreement, each Party shall use the Proprietary Information only for and to the extent required to accomplish the Purpose under this Agreement. The Parties shall only disclose the Proprietary Information to those Staff Members that have a legitimate business need for such information and only for and to the extent required to accomplish the Purpose of this Agreement or to exercise the rights granted under this Agreement. Notwithstanding the foregoing, GTRC may disclose Proprietary Information to GIT provided that GIT is obligated to GTRC under terms at least as restrictive as those contained in this Agreement not to disclose Proprietary Information to any other third party. Either Party may disclose the other Party’s Proprietary Information to its affiliates, contractors, and consultants that are under a written obligation of confidentiality no less restrictive than contained herein to the extent necessary to accomplish the Purpose of this Agreement.

Proprietary Information and Confidentiality. 7.1 In the course of performing under this Agreement, COMPANY may disclose to UNIVERSITY GTRC COMPANY Proprietary Information, and UNIVERSITY GTRC may disclose to COMPANY UNIVERSITY GTRC Proprietary Information pursuant to proposing to or soliciting from the other Party research proposals and performing the Research Project Projects by one or more Parties as set forth in the Statement of Work approved Task Orders (hereinafter referred to as “Purpose”). 7.2 UNIVERSITY GTRC agrees to hold in confidence and not disclose any and all COMPANY Proprietary Information received from COMPANY hereunder. COMPANY agrees to hold in confidence and not disclose any and all UNIVERSITY GTRC Proprietary Information received from UNIVERSITY GTRC hereunder. The confidentiality obligations of each Party receiving Proprietary Information shall extend for three (3) years from the date Effective Date of disclosure, when such disclosure is made consistent with Section 7.3a Task Order. Unless otherwise permitted by this Agreement, each Party shall use the Proprietary Information only for and to the extent required to accomplish the Purpose under this Agreement. The Parties shall only disclose the Proprietary Information to those Staff Members that have a legitimate business need for such information and only for and to the extent required to accomplish the Purpose of this Agreement or to exercise the rights granted under this Agreement. Notwithstanding the foregoing, GTRC may disclose Proprietary Information to GIT provided that GIT is obligated to GTRC under terms at least as restrictive as those contained in this Agreement not to disclose Proprietary Information to any other third party. Either Party may disclose the other Party’s Proprietary Information to its affiliates, contractors, and consultants that are under a written obligation of confidentiality no less restrictive than contained herein herein, to the extent necessary to accomplish the Purpose of this Agreement.