Common use of Return Obligation Clause in Contracts

Return Obligation. Upon termination of this Agreement, the Parties agree to immediately return or destroy all written documents and media received from the other Party on which Confidential Information is recorded or stored. Excluded from the obligation to return/destroy are all copies of information that is subject to secrecy, which are subject to statutory retention periods/obligations or must be retained by the Parties for the purposes of proof (e.g. documentation of the course of business). Also excluded from this is Confidential Information, the destruction or return of which is technically impossible, e.g. because it has been stored in a backup file due to an automated electronic backup system to secure electronic data. The provisions of this Agreement shall continue to apply accordingly to the aforementioned copies. If this Agreement is based on the preparation of an offer, all information shall be deleted unless an order is placed.