Common use of Information Sharing Clause in Contracts

Information Sharing. If the Indemnitee is the subject of or is implicated in any way during an investigation, whether formal or informal, the Company shall notify the Indemnitee of such investigation and shall share with Indemnitee any information it has turned over to any third parties concerning the investigation (“Shared Information”). By executing this agreement, Indemnitee agrees that such Shared Information is material non-public information that Indemnitee is obligated to hold in confidence and may not disclose publicly; provided, however, that Indemnitee is permitted to use the Shared Information and to disclose such Shared Information to Indemnitee’s legal counsel and third parties solely in connection with defending Indemnitee from legal liability.

Appears in 6 contracts

Sources: Indemnification Agreement (Rexahn Pharmaceuticals, Inc.), Indemnification Agreement (Gemphire Therapeutics Inc.), Indemnification Agreement (Gemphire Therapeutics Inc.)

Information Sharing. If the Indemnitee is the subject of or is implicated in any way during an investigation, whether formal or informal, the Company shall promptly notify the Indemnitee of such investigation and investigation. The Company shall further share with Indemnitee any information it has turned over to any third parties concerning the investigation (“Shared Information”)) at the time such information is so furnished. By executing this agreement, Indemnitee ▇▇▇▇▇▇▇▇▇▇ agrees that such Shared Information is material non-public information that Indemnitee is obligated to hold in confidence and may not disclose publicly; provided, however, that Indemnitee is permitted to use the Shared Information and to disclose such Shared Information information to Indemnitee’s legal counsel and third parties solely in connection with defending Indemnitee from legal liability.

Appears in 5 contracts

Sources: Indemnification Agreement (Biolase, Inc), Indemnification Agreement (Biolase, Inc), Indemnification Agreement (GEN Restaurant Group, Inc.)

Information Sharing. If the Indemnitee is the subject of or is implicated in any way during an investigation, whether formal or informal, the Company shall notify the Indemnitee of such investigation and shall share with Indemnitee any information it has turned over to any third parties concerning the investigation (“Shared Information”). By executing this agreement, Indemnitee agrees that such Shared Information is material non-public information that Indemnitee is obligated to hold in confidence and may not disclose publicly; provided, however, that Indemnitee is permitted to use the Shared Information and to disclose such Shared Information information to Indemnitee’s legal counsel and third parties solely in connection with defending Indemnitee from legal liability.

Appears in 3 contracts

Sources: Transition and Separation Agreement (Dialogic Inc.), Transition and Separation Agreement (Dialogic Inc.), Indemnification Agreement (Dialogic Inc.)

Information Sharing. If the Indemnitee is the subject of or is implicated in any way during an investigation, whether formal or informal, the Company shall notify the Indemnitee of such investigation and shall share with Indemnitee any information it has turned over to any third parties concerning the investigation (“Shared Information”). By executing this agreement, Indemnitee agrees that such Shared Information is material non-public information that Indemnitee is obligated to hold in confidence and may not disclose publicly; provided, however, that Indemnitee is permitted to use the Shared Information and to disclose such Shared Information information to Indemnitee’s legal counsel and third parties solely in connection with defending Indemnitee from legal liability.

Appears in 3 contracts

Sources: Indemnification Agreement (Trade Desk, Inc.), Indemnity Agreement (Nimble Storage Inc), Indemnification Agreement (NeuroSigma, Inc.)

Information Sharing. If the Indemnitee is the subject of or is implicated in any way during an investigation, whether formal or informal, the Company shall notify the Indemnitee of such investigation and shall share with Indemnitee any information it has turned over to any third parties concerning the investigation (“Shared Information”). By executing this agreement, Indemnitee ▇▇▇▇▇▇▇▇▇▇ agrees that such Shared Information is material non-public information that Indemnitee is obligated to hold in confidence and may not disclose publicly; provided, however, that Indemnitee is permitted to use the Shared Information and to disclose such Shared Information to Indemnitee’s legal counsel and third parties solely in connection with defending Indemnitee from legal liability.

Appears in 1 contract

Sources: Indemnification Agreement (MetaVia Inc.)