Proprietary. Each party to this Agreement may find it beneficial to disclose to the other party certain information. The parties understand and agree that information disclosed pursuant to this Agreement shall be considered proprietary because (1) it has been developed internally by the disclosing party, or (2) it has been received by the disclosing party subject to a continuing obligation to a third party to maintain the confidentiality of the information. Information disclosed pursuant to this Agreement that either party considers proprietary and that is provided in tangible form shall be marked confidential, proprietary or private. If such information is orally disclosed, it shall be identified by the disclosing party as being proprietary to that party in a writing sent to the receiving party no more than five (5) days after disclosure.
Appears in 2 contracts
Sources: Co Marketing Agreement (Radix Marine Inc), Co Marketing Agreement (Dynamic Imaging Group Inc/Fl)