Common use of Waiver of Conflicts of Interest Clause in Contracts

Waiver of Conflicts of Interest. (a) This Agreement shall not prevent either Party from using any publicly available research results or other Information (including any publicly available information of the other Party) to the same extent as Third Parties generally are legally permitted to do. (b) Each Party shall inform its key personnel assigned to the performance of this Agreement of the limitations on use of Confidential Information of the other Party and instruct such personnel to comply with such restrictions, and where appropriate, adopt other measures to minimize the potential for misuse of Information. (c) CARO and ▇▇▇▇▇▇▇ have discussed the CARO personnel expected to be assigned to engage in Development Activities, including the extent to which any such personnel are expected to simultaneously participate in activities on behalf of CARO that may involve similar technologies or products that may be competitive with the Compounds (provided that CARO shall not be obligated to disclose any Confidential Information relating to such activities). (d) The burden of proof that Confidential Information has been misappropriated shall fall upon the Party alleging breach of confidence.