Privacy Policy
1. Definition of Confidential Information
"Confidential Information" means any information, whether disclosed orally or in writing, by one party (the "Disclosing Party") to the other (the "Receiving Party"). This includes information disclosed by the Disclosing Party's parents, subsidiaries, or affiliates. Information will be considered Confidential if it is:
Without limiting the foregoing, the following information shall automatically be deemed Confidential Information under this Agreement, regardless of how it is marked or identified:
2. Obligation to Protect Confidential Information
The Receiving Party shall protect the Confidential Information using the same degree of care it uses to protect its own confidential information of a similar nature, but in no event less than a reasonable standard of care.
3. Ownership
All Confidential Information shall remain the sole property of the Disclosing Party. Upon the request of the Disclosing Party, or upon the termination of this Agreement, the Receiving Party shall promptly return or certify the destruction of all Confidential Information.
4. Exclusions
The obligations in this Section shall not apply to any information that the Receiving Party can demonstrate by competent proof:
5. Required Disclosures
The Receiving Party may disclose Confidential Information if required to do so by law, regulation, or court order. In such event, the Receiving Party shall:
6. Term of Confidentiality
The duty to protect Confidential Information under this Agreement shall begin on the Effective Date and continue for a period of [Number] year(s) following the termination of this Agreement.