7. Confidentiality
All information and documents exchanges in the scope of the negotiation, their preparations shall be treated as strictly confidential and shall not disclose to any third party except for the purpose of this Agreement or required by laws. Both parties shall be bound to confidentiality obligations during the Agreement term until end of One (1) year from the date of this Agreement’s expiry, termination or cancellation.
Unless otherwise authorized, upon the termination and/or expiration of this Agreement, with respect to the Disclosing Party’s Confidential Information, the Receiving Party will, at the direction of the Disclosing Party, promptly either: (a) return such Confidential Information and provide certification to the Disclosing Party that all such Confidential Information has been returned; or (b) destroy such Confidential Information and provide certification to the Disclosing Party that all such Confidential Information has been destroyed.