Common use of Use and Disclosure Restrictions Clause in Contracts

Use and Disclosure Restrictions. Neither party will use the other party’s Confidential Information except as necessary for the performance of this Agreement and will not disclose such Confidential Information to any third party except to those of its Affiliates, employees and subcontractors that need to know such Confidential Information for the purpose of performing by or on behalf of the receiving party in connection with this Agreement, provided that each such Affiliate, employee or subcontractor is subject to a written agreement that includes binding use and disclosure restrictions that are at least as protective as those set forth herein. Each party will use at least the same degree of care to prevent unauthorized use and disclosure of such Confidential Information as that party uses with respect to its own Confidential Information of similar sensitivity (but in no event less than a reasonable degree of care). The foregoing obligations will not restrict either party from disclosing Confidential Information of the other party: (a) pursuant to the order or requirement of a court, administrative agency, or other governmental body, provided that the party required to make such a disclosure gives reasonable notice to the other party to contest such order or requirement or seek protective measures against such disclosure, and (b) on a confidential basis to its legal or financial advisors. In addition, each party may disclose the terms and conditions of this Agreement: (i) as required under applicable securities regulations, and (ii) on a confidential basis to present or future providers of venture capital and/or potential private investors in or acquirers of such party.

Use and Disclosure Restrictions. Neither Each party will shall not use the other party’s Confidential Information except as necessary for the performance of to exercise its rights or perform its obligations under this Agreement and will Agreement. Each party shall not disclose such the other party’s Confidential Information to any third party except to those of its Affiliatesemployees, employees subcontractors, and subcontractors advisers that need to know such Confidential Information for the purpose purposes of performing by or on behalf of the receiving party in connection with this Agreement, provided that each such Affiliate, employee or subcontractor third party is subject to a written agreement that includes binding use and disclosure restrictions that are at least as protective of Confidential Information as those set forth herein. Each party will use at least all reasonable efforts to maintain the same degree confidentiality of care to prevent unauthorized use and disclosure of such all Confidential Information as of the other party in its possession or control, but in no event less than the efforts that party ordinarily uses with respect to its own Confidential Information proprietary information of similar sensitivity (but in no event less than a reasonable degree of care)nature and importance. The foregoing obligations will not restrict either party from disclosing Confidential Information of the other party: (ai) pursuant to the order or requirement of a court, administrative agency, or other governmental body, provided that the party required to make such a disclosure gives reasonable notice to the other party to contest such order or requirement requirement; or seek protective measures against such disclosure, and (bii) on a an as-needed, confidential basis to its legal or financial advisors. In addition, each party may disclose the terms and conditions of this Agreement: (i) Agreement as required under applicable securities regulations, regulations and (ii) on a confidential basis to present current or future providers of venture capital and/or potential private prospective investors in or acquirers of such party.

Use and Disclosure Restrictions. Neither Each party will (the “receiving party”) shall not use the other party’s (the “disclosing party”) Confidential Information except as necessary for the performance of authorized under this Agreement and will or as otherwise authorized by the disclosing party. Each receiving party shall not disclose such the disclosing party’s Confidential Information to any third party except to those of its Affiliates, employees and subcontractors contractors that need to know such Confidential Information for the purpose of performing by or on behalf of the receiving party in connection with this Agreementhereunder, provided that each such Affiliate, employee or subcontractor and contractor is subject to a written agreement that includes binding use and disclosure restrictions that are at least as protective of Confidential Information as those set forth herein. Each party will use at least all reasonable efforts to maintain the same degree confidentiality of care to prevent unauthorized use and disclosure of such all Confidential Information as of the other party in its possession or control, but in no event less than the efforts that party ordinarily uses with respect to its own Confidential Information proprietary information of similar sensitivity (but in no event less than a reasonable degree of care)nature and importance. The foregoing obligations will not restrict either party from disclosing Confidential Information of the other party: (ai) pursuant to the order or requirement of a court, administrative agency, or other governmental body, provided that the party required to make such a disclosure gives reasonable notice to the other party to contest such order or requirement or seek protective measures against such disclosure, and (bii) on a an as- needed, confidential basis to its legal or financial advisors. In addition, each party may disclose the terms and conditions of this Agreement: (i) as required under applicable securities regulations, and (ii) on a confidential basis Agreement to present current or future providers of venture capital and/or potential private prospective investors in or acquirers of such party.

Use and Disclosure Restrictions. Neither Each party will shall not use the other party’s 's Confidential Information except as necessary for the performance of to exercise its rights or perform its obligations under this Agreement and will Agreement. Each party shall not disclose such the other party's Confidential Information to any third party except to those of its Affiliatesemployees, employees subcontractors, and subcontractors advisers that need to know such Confidential Information for the purpose purposes of performing by or on behalf of the receiving party in connection with this Agreement, provided that each such Affiliate, employee or and subcontractor is subject to a written agreement that includes binding use and disclosure restrictions that are at least as protective of Confidential Information as those set forth herein. Each party will use at least all reasonable efforts to maintain the same degree confidentiality of care to prevent unauthorized use and disclosure of such all Confidential Information as of the other party in its possession or control, but in no event less than the efforts that party ordinarily uses with respect to its own Confidential Information proprietary information of similar sensitivity (but in no event less than a reasonable degree of care)nature and importance. The foregoing obligations will not restrict either party from disclosing Confidential Information of the other party: (a) pursuant to the order or requirement of a court, administrative agency, or other governmental body, provided that the party required to make such a disclosure gives reasonable notice to the other party to contest such order or requirement or seek protective measures against such disclosure, and (bh) on a an as-needed, confidential basis to its legal or financial advisors. In addition, each party may disclose the terms and conditions of this Agreement: (i) Agreement as required under applicable securities regulations, regulations and (ii) on a confidential basis to present current or future providers of venture capital and/or potential private prospective investors in or acquirers of such party. 14.

Use and Disclosure Restrictions. Neither party will use the other party’s Confidential Information except as necessary for the performance of this Agreement and will not disclose such Confidential Information to any third party except to those of its Affiliates, employees and subcontractors that need to know such Confidential Information for the purpose of performing by or on behalf of the receiving party in connection with this Agreement, provided that each such Affiliate, employee or subcontractor is subject to a written agreement that includes binding use and disclosure restrictions that are at least as protective as those set forth herein. Each party will use at least the same degree of care to prevent unauthorized use and disclosure of such Confidential Information as that party uses with respect to its own Confidential Information of similar sensitivity (but in no event less than a reasonable degree of care). The foregoing obligations will not restrict either party from disclosing Confidential Information of the other party: (a) pursuant to the order or requirement of a court, administrative agency, or other governmental body, provided that the party required to make such a disclosure gives reasonable notice to the other party to contest such order or requirement or seek protective measures against such disclosure, and (b) on a confidential basis to its legal or financial advisors. In addition, each party may disclose the terms and conditions of this Agreement: (i) as required under applicable securities regulations, and (ii) on a confidential basis to present or future providers of venture capital and/or potential private investors in or acquirers of such party.