Common use of FOR BUSINESS USE ONLY Clause in Contracts

FOR BUSINESS USE ONLY. You acknowledge and agree that you will not acquire any interest in Confidential Information, other than the right to utilize Confidential Information disclosed to you in operating the BUSINESS during the term of this Agreement, and that the use or duplication of any Confidential Information in any other business would constitute an unfair method of competition. You further acknowledge and agree that Confidential Information is proprietary, includes our trade secrets and is disclosed to you solely on the condition that you agree, and you do hereby agree, that you: 6.2.1 During the term of this Agreement, you may have access to and become acquainted with various "trade secrets" of ours, including, but not limited to, customer lists, vendor partnerships and/or relationships, sales and technical information as described in any of our training materials or manuals, costs, product prices and names, software tools and applications, web site and/or email design architecture, marketing plans, business methods, research, development or know-how, any other information designated by us as "confidential" or "proprietary", and the components of the Netspace Franchise System whether or not such information is protected or protectable by patent, copyright, trade secret or other proprietary rights. You agree that you will take all reasonable measures to maintain the confidentiality of all Confidential Information in your possession or control and that all such Confidential Information and trade secrets shall remain our exclusive property and any use thereof shall be only for the purposes of and in connection with this Agreement, 6.2.2 Will maintain the absolute confidentiality of Confidential Information during and after the term of this Agreement; 6.2.3 Will not make unauthorized copies of any portion of Confidential Information disclosed via electronic medium or in written or other tangible form; and 6.2.4 Will adopt and implement all reasonable procedures that we prescribe from time to time to prevent unauthorized use or disclosure of Confidential Information, including, without limitation, restrictions on disclosure thereof to BUSINESS personnel and others.

Appears in 3 contracts

Sources: Franchise Agreement (Netfran Development Corp), Franchise Agreement (Netfran Development Corp), Franchise Agreement (Netfran Development Corp)