Common use of Privileged Information Clause in Contracts

Privileged Information. Information considered as privileged and confidential consists of all information received orally, in writing, in electrical or in any other form which concerns the Parties, Parties’ IT- systems, or other information which the Parties consider to be privileged and confidential. Privileged and confidential information consists also of any copies or extracts of documents containing privileged and confidential information or which have been drafted based on these documents. Privileged and confidential information is not considered to be information which is publicly available.