Common use of Proprietary Technical Information Clause in Contracts

Proprietary Technical Information. Seller shall, within 90 days following Closing, remove all proprietary technical information in written form that is owned by a third party or is in use at the Facilities and is proprietary to Seller or its Affiliates and is not specifically included as part of this sale and listed in Schedule 2 attached to this Agreement. The following exemplifies but is not an exclusive list of the types of proprietary technical information that may be removed: (a) that contained in standard technical and practices manuals, guides and books; (b) that contained in research studies and reports, particularly those directed to processes, methods or apparatuses that are not operated or used or presently planned for use in connection with the Assets; (c) that contained in reports unrelated to operation of the Assets; (d) that contained in reports, specifications or formulations of test products that have not been made available commercially; and (e) that embodied in the form of computer programs directly or indirectly accessible from local or remote computer installations.