Common use of Trade Secret Protection Clause in Contracts

Trade Secret Protection. With respect to Parent IP, Parent and each of its Subsidiaries have taken commercially reasonable steps to protect the rights of Parent and its Subsidiaries in Parent’s and its Subsidiaries’ confidential information and trade secrets and any trade secrets or confidential information of third parties provided to Parent or any of its Subsidiaries under an obligation of confidentiality.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Sonic Solutions/Ca/), Agreement and Plan of Merger (Divx Inc), Agreement and Plan of Merger (Divx Inc)

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Trade Secret Protection. With respect to Parent Optronics Business IP, Parent and each of its Subsidiaries have has taken commercially reasonable steps to protect the rights of Parent and its Subsidiaries in Parent’s Parent and its Subsidiaries’ confidential information and trade secrets secrets, and any trade secrets or confidential information of third parties provided to Parent or any of its Subsidiaries under an obligation of confidentiality.

Appears in 1 contract

Samples: Share Acquisition and Asset Purchase Agreement (Avanex Corp)

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