Common use of Shared Information Clause in Contracts

Shared Information. During the term of the MSA, PSE may request that: (a) Supplier transfers certain PSE Confidential Information to one or more third parties designated by PSE (each, a "Designated Recipient"); or (b) Supplier receives certain PSE Confidential Information from one or more third parties designated by PSE (each, a "Designated Representative"). In the event that PSE makes such a request, PSE will provide written notice and express permission to Supplier that: (i) identifies the applicable Designated Recipient or Designated Representative; (ii) identifies the PSE Confidential Information that Supplier must either transfer to such Designated Recipient or receive from such Designated Representative (in each case, the "Shared Information"); and (iii) sets forth additional terms and conditions including the data transfer mechanism, adequate permissions and grants of authority, if any, that apply to the transfer or receipt of the Shared Information by Supplier pursuant to this Section 4.1. The Shared Information shall remain the sole and exclusive property of PSE.