Common use of Protecting Confidential Information Clause in Contracts

Protecting Confidential Information. Each Party receiving Confidential Information (the “Receiving Party”) agrees to maintain all such Confidential Information received in any form or medium from the other party (the “Disclosing Party”), in confidence and agrees not to disclose or otherwise make available such Confidential Information to any third-party without the prior written consent of the Disclosing Party; provided, however, that the Receiving Party may disclose Confidential Information to its affiliates, employees, consultants, subcontractors, and advisors on a “need to know” basis, if such third parties agree to maintain the confidentiality of such Confidential Information under terms no less restrictive than those contained herein. The Receiving Party further agrees to use the Confidential Information only for the purpose of performing under this Agreement. In addition, the Receiving Party shall not reverse engineer, disassemble or decompile any prototypes, software or other tangible objects which embody Confidential Information and which are provided to the Receiving Party hereunder.

Appears in 4 contracts

Samples: Viverse for Business Enterprise Agreement, Viverse for Business Enterprise Agreement, Vive Business Solutions Agreement

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Protecting Confidential Information. Each Party receiving Confidential Information (the “Receiving Party”) agrees to maintain all such Confidential Information received in any form or medium from the other party Party (the “Disclosing Party”), in confidence and agrees not to disclose or otherwise make available such Confidential Information to any third-party without the prior written consent of the Disclosing Party; provided, however, that the Receiving Party may disclose Confidential Information to its affiliates, employees, consultants, subcontractors, and advisors on a “need to know” basis, if such third parties agree to maintain the confidentiality of such Confidential Information under terms no less restrictive than those contained herein. The Receiving Party further agrees to use the Confidential Information only for the purpose of performing under this Agreement. In addition, the Receiving Party shall not reverse engineer, disassemble or decompile any prototypes, software or other tangible objects which embody Confidential Information and which are provided to the Receiving Party hereunder.

Appears in 1 contract

Samples: Xr Suite Service Agreement

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