Common use of Use and Care Clause in Contracts

Use and Care. Confidential Information provided under this Agreement by one party to another shall be used only for the purpose for which it was provided and to those employees and Affiliate(s) of the Receiving Party with a “need to know” and an obligation to protect. Any use or disclosure that is not expressly provided for in this Agreement is prohibited. Each party shall use the same degree of care to avoid disclosure or use of Confidential Information as it employs with respect to its own proprietary information, and in any event shall take all precautions that are reasonably necessary to protect the security of the other party’s Confidential Information. A Receiving Party warrants that any Confidential Information obtained from Disclosing Party shall not be disclosed to any Affiliate (as defined above) of the Receiving Party which either is or may be a competitor of Disclosing Party, irrespective of any nondisclosure agreement executed by any such Affiliate/competitor. All questions regarding the status of any Affiliate entity as a “competitor” shall be referred to Disclosing Party for resolution prior to making any disclosure to any such Affiliate. The decision of Disclosing Party on any such issue is final. Notifications. Any notice permitted or required under this Agreement shall be deemed to have been given if it is in writing and personally served or delivered, mailed by registered or certified mail (return receipt requested), delivered by a national overnight courier service with confirmed receipt, or sent by facsimile with confirmation by registered mail to the parties at the following addresses: Notices to Company should be directed to: Notices to TokenEx should be directed to: TokenEx ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Phone #: ▇▇▇.▇▇▇.▇▇▇▇ Attn: Legal With a copy to ▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ Each party may change its address by giving similar notice. Disclosing Party’s election) all electronic or tangible items in their possession containing any of the Disclosing Party’s Confidential Information without retaining copies of the items required to be returned. If applicable, the Receiving Party shall send the Disclosing Party written certification of destruction of Confidential Information.

Appears in 1 contract

Sources: Non Disclosure Agreement

Use and Care. Confidential Information provided under this Agreement by one party to another shall be used only for the purpose for which it was provided and to those employees and Affiliate(s) of the Receiving Party with a “need to know” and an obligation to protect. Any use or disclosure that is not expressly provided for in this Agreement is prohibited. Each party shall use the same degree of care to avoid disclosure or use of Confidential Information as it employs with respect to its own proprietary information, and in any event shall take all precautions that are reasonably necessary to protect the security of the other party’s Confidential Information. A Receiving Party warrants that any Confidential Information obtained from Disclosing Party shall not be disclosed to any Affiliate (as defined above) of the Receiving Party which either is or may be a competitor of Disclosing Party, irrespective of any nondisclosure agreement executed by any such Affiliate/competitor. All questions regarding the status of any Affiliate entity as a “competitor” shall be referred to Disclosing Party for resolution prior to making any disclosure to any such Affiliate. The decision of Disclosing Party on any such issue is final. Notifications. Any notice permitted or required under this Agreement shall be deemed to have been given if it is in writing and personally served or delivered, mailed by registered or certified mail (return receipt requested), delivered by a national overnight courier service with confirmed receipt, or sent by facsimile with confirmation by registered mail to the parties at the following addresses: Notices to Company should be directed to: Notices to TokenEx should be directed to: TokenEx ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Phone #: ▇▇▇.▇▇▇.▇▇▇▇ Attn: Legal With a copy to ▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ Each party may change its address by giving similar notice. Disclosing Party’s election) all electronic or tangible items in their possession containing any of the Disclosing Party’s Confidential Information without retaining copies of the items required to be returned. If applicable, the Receiving Party shall send the Disclosing Party written certification of destruction of Confidential Information.

Appears in 1 contract

Sources: Non Disclosure Agreement