Common use of Protection and Marking Clause in Contracts

Protection and Marking. All Confidential Information disclosed by Disclosing Party in tangible form, and marked “confidential” and forwarded to the Receiving Party, or if disclosed orally, is designated as confidential at the time of disclosure: (i) is to be held in strict confidence by the Receiving Party, (ii) is to be used by the Receiving Party only as authorized in this Agreement, and (iii) shall not be disclosed by the Receiving Party, its agents or employees without the prior written consent of the Disclosing Party or as authorized in this Agreement. Licensee has the right to use and disclose Confidential Information of LLU reasonably in connection with the exercise of its rights under this Agreement, including without limitation disclosing to Affiliates, Sublicensees, potential investors, acquirers, and others on a need to know basis, if such Confidential Information is provided under conditions which reasonably protect the confidentiality thereof. The Receiving Party’s obligation of confidence hereunder includes, without limitation, using at least the same degree of care with the Disclosing Party’s Confidential Information as Receiving Party uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Appears in 3 contracts

Samples: Patent & Technology License Agreement (ADiTx Therapeutics, Inc.), Technology License Agreement, Patent & Technology License Agreement (ADiTx Therapeutics, Inc.)

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Protection and Marking. All Confidential Information disclosed by Disclosing Party in tangible form, and marked “confidential” and forwarded to the Receiving Party, or if disclosed orally, is designated as confidential at the time of disclosure: (i) is to be held in strict confidence by the Receiving Party, (ii) is to be used by the Receiving Party only as authorized in this Agreement, and (iii) shall not be disclosed by the Receiving Party, its agents or employees without the prior written consent of the Disclosing Party or as authorized in this Agreement. Licensee has the right to use and disclose Confidential Information of LLU Board and/or MD Xxxxxxxx reasonably in connection with the exercise of its rights under this Agreement, including without limitation disclosing to Affiliates, Sublicensees, potential investors, acquirers, and others on a need to know basis, if such Confidential Information is provided under conditions which reasonably protect the confidentiality thereof. The Receiving Party’s obligation of confidence hereunder includes, without limitation, using at least the same degree of care with the Disclosing Party’s Confidential Information as Receiving Party uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Appears in 3 contracts

Samples: Technology License Agreement, Technology License Agreement, Technology License Agreement

Protection and Marking. All Licensor and Licensee each agree that all Confidential Information disclosed by Disclosing Party in tangible form, and marked “confidential” and forwarded to one by the Receiving Partyother, or if disclosed orally, is designated as confidential at the time of disclosure: (i) is to be held in strict confidence by the Receiving receiving Party, (ii) is to be used by and under authority of the Receiving receiving Party only as authorized in this the Agreement, and (iii) shall not be disclosed by the Receiving receiving Party, its agents or employees without the prior written consent of the Disclosing disclosing Party or as authorized in this the Agreement. Licensee has the right to use and disclose Confidential Information of LLU Licensor reasonably in connection with the exercise of its rights under this the Agreement, including without limitation disclosing to its employees, officers, agents, Affiliates, Sublicensees, advisors, potential investors, acquirers, and others on a need to know basis, if such Confidential Information is provided under conditions which reasonably protect the confidentiality thereof. The Receiving Each Party’s obligation of confidence hereunder includes, without limitation, using at least the same degree of care with the Disclosing disclosing Party’s Confidential Information as Receiving Party it uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Appears in 2 contracts

Samples: Technology License Agreement (LogicBio Therapeutics, Inc.), Technology License Agreement (LogicBio Therapeutics, Inc.)

Protection and Marking. All Confidential Information disclosed by Disclosing Party in tangible form, and marked “confidential” and forwarded to the Receiving Party, or if disclosed orally, is designated as confidential at the time of disclosure: (i) is to be held in strict confidence by the Receiving Party, (ii) is to be used by the Receiving Party only as authorized in this Agreement, and (iii) shall not be disclosed by the Receiving Party, its agents or employees without the prior written consent of the Disclosing Party or as authorized in this Agreement. Licensee has the right to use and disclose Confidential Information of LLU Licensor reasonably in connection with the exercise of its rights under this Agreement, including without limitation disclosing to Affiliates, Sublicensees, potential investors, acquirers, professional advisors and others on a need to know basis, if such Confidential Information is provided under conditions which reasonably protect the confidentiality thereof. The Receiving Party’s obligation of confidence hereunder includes, without limitation, using at least the same degree of care with the Disclosing Party’s Confidential Information as Receiving Party uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Appears in 2 contracts

Samples: Patent and Technology License Agreement (Bakhu Holdings, Corp.), Patent and Technology License Agreement

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Protection and Marking. All Confidential Information disclosed by of Disclosing Party in tangible form, and marked “confidential” and forwarded to the Receiving Party, or if disclosed orally, is designated as confidential at the time of disclosure: (ia) is to will be held in strict confidence by the Receiving Party, (iib) is to will be used by the Receiving Party only as authorized in this Agreement, and (iiic) shall may not be disclosed by the Receiving Party, except to its agents and employees who have a need to know such Confidential Information for purposes of this Agreement and who are bound by enforceable obligations of confidentiality and non-disclosure at least as protective of such Confidential Information as the terms of this Agreement, and (d) may not be disclosed by Receiving Party, including by its agents or employees employees, without the prior written consent of the Disclosing Party or as authorized in this Agreement. Licensee AAMC has the right to use and disclose Confidential Information of LLU System73 reasonably in connection with the exercise of its rights under this Agreement, including without limitation disclosing to Affiliates, Sublicensees, potential investors, acquirers, and others Agreement on a need to know basis, if such Confidential Information is provided under conditions which that reasonably protect the confidentiality thereof. The Receiving Party’s obligation of confidence hereunder includes, without limitation, using at least the same degree of care with the Disclosing Party’s Confidential Information as Receiving Party uses to protect its own Confidential Information, but always at least a reasonable degree of care.. 5.2 Reserved 5.3

Appears in 1 contract

Samples: Technology License Agreement (Altisource Asset Management Corp)

Protection and Marking. All Licensor and Licensee each agree that all Confidential Information disclosed by Disclosing Party in tangible form, and marked “confidential” and forwarded to one by the Receiving Partyother, or if disclosed orally, is designated as confidential at the time of disclosure, or is deemed confidential under the terms of this Agreement: (i) is to be held in strict confidence by the Receiving receiving Party, (ii) is to be used by and under authority of the Receiving receiving Party only as authorized in this the Agreement, and (iii) shall not be disclosed by the Receiving receiving Party, its agents or employees without the prior written consent of the Disclosing disclosing Party or as authorized in this the Agreement. Licensee has the right to use and disclose Confidential Information of LLU Licensor reasonably in connection with the exercise of its rights under this the Agreement, including without limitation disclosing to Affiliates, Sublicensees, potential investors, acquirers, and others on a need to know basis, if such Confidential Information is provided under conditions which reasonably protect the confidentiality thereof. The Receiving Each Party’s obligation of confidence hereunder includes, without limitation, using at least the same degree of care with the Disclosing disclosing Party’s Confidential Information as Receiving Party it uses to protect its own Confidential Information, but always at least a reasonable degree of care.

Appears in 1 contract

Samples: Patent License Agreement (Energy Exploration Technologies, Inc.)

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