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Clause · confidentiality_mutual

Confidentiality

Confidentiality
STARTER+
medium risk
US-IN
US-GB
US-EU
US-SG
GENERIC

Clause body

Each party may disclose confidential and proprietary information to the other in connection with this Statement of Work ("Confidential Information"). The receiving party shall (a) use Confidential Information solely to perform its obligations under this Statement of Work, (b) protect such information with at least the same degree of care it uses for its own confidential information and in no event less than reasonable care, and (c) not disclose Confidential Information to any third party without the disclosing party's prior written consent, except to employees and contractors bound by written confidentiality obligations at least as protective as those set forth herein. Confidential Information does not include information that is publicly known through no fault of the receiving party, independently developed without use of Confidential Information, or lawfully received from a third party without restriction. These obligations survive termination of this Statement of Work for a period of three (3) years, or indefinitely for trade secrets.

Sources

Indian Contract Act, 1872; Uniform Trade Secrets Act (US)

Last verified: Pending review.

Library version: 1.0.0