Common use of Access to and Use of Confidential Information Clause in Contracts

Access to and Use of Confidential Information. Understanding the sensitive nature of confidential information, the Grantee agrees to: i. Hold such material and information in confidence, not to make use thereof other than for the performance under this Agreement, and not to release or disclose any information to any other party except as may be required by law; ii. Limit use and disclosure of such confidential information within its own organization to those individuals and entities with a specific business need for the performance of this Agreement; iii. Protect, use, and disclose confidential information in compliance with all applicable federal and state laws and regulations; iv. Provide sufficient supervision and training to its employees and agents to ensure compliance with the terms of this Agreement.