Common use of Trading Limitations Clause in Contracts

Trading Limitations. In addition to being Confidential Information, the results of the Development will be deemed material nonpublic information until disclosed to the public by CVBT in a report to the Securities and Exchange Commission (the “SEC”), or, if applicable and/or permissible and/or appropriate, in a press release or published on CVBT’s web site in an event where a filing with the SEC is not required or is discretionary. If CNG is in possession of, or otherwise has knowledge of, the results of the Development before such public disclosure by CVBT, CNG acknowledges and agreed that it may not trade in CVBT securities. Further, CNG agrees to obtain a similar acknowledgment agreement from its partners.

Trading Limitations. In addition to being Confidential Information, the results of the Development will be deemed material nonpublic information until disclosed to the public by CVBT in a report to the Securities and Exchange Commission (the “SEC”), or, if applicable and/or permissible and/or appropriate, in a press release or published on CVBT’s web site in an event where a filing with the SEC is not required or is discretionary. If CNG CDCP is in possession of, or otherwise has knowledge of, the results of the Development before such public disclosure by CVBT, CNG CDCP acknowledges and agreed agrees that it may not trade in CVBT securities. Further, CNG CDCP agrees to obtain a similar acknowledgment and agreement from its partners.

Trading Limitations. In addition to being Confidential Information, the results of the Development will be deemed material nonpublic information until disclosed to the public by CVBT in a report to the Securities and Exchange Commission (the “SEC”), or, if applicable and/or permissible and/or appropriate, in a press release or published on CVBT’s web site in an event where a filing with the SEC is not required or is discretionary. If CNG CDCP is in possession of, or otherwise has knowledge of, the results of the Development before such public disclosure by CVBT, CNG CDCP acknowledges and agreed that it may not trade in CVBT securities. Further, CNG CDCP agrees to obtain a similar acknowledgment agreement from its partners.

Trading Limitations. In addition to being Confidential Information, the results of the Development will be deemed material nonpublic information until disclosed to the public by CVBT in a report to the Securities and Exchange Commission (the “SEC”), or, if applicable and/or permissible and/or appropriate, in a press release or published on CVBT’s web site in an event where a filing with the SEC is not required or is discretionary. If CNG is in possession of, or otherwise has knowledge of, the results of the Development before such public disclosure by CVBT, CNG acknowledges and agreed agrees that it may not trade in CVBT securities. Further, CNG agrees to obtain a similar acknowledgment and agreement from its partners.