Common use of Proprietary Information; Exceptions Clause in Contracts

Proprietary Information; Exceptions. Either Party may disclose Proprietary Information of the other to such Party’s employees, customers, agents, suppliers, and subcontractors to the extent that each such disclosure is reasonably necessary for purposes of: manufacturing, selling, installing, repairing, and/or servicing any product made or used in accordance with any intellectual property assigned or licensed hereunder; or procuring goods and services required in connection therewith; provided that the disclosing Party’s employees, customers, agents, suppliers, and subcontractors are bound to the same terms and conditions regarding the protection of the Proprietary Information as bind the Parties hereto.

Appears in 2 contracts

Sources: Intellectual Property Assignment and License Agreement (Marlborough Software Development Holdings Inc.), Intellectual Property Assignment and License Agreement (Marlborough Software Development Holdings Inc.)