(a) Each Party acknowledges that it may receive during the term of this Agreement Confidential Information of the other party relating to such party's performance of its obligation or exercise of its rights hereunder and agrees to keep confidential, and not to use or disclose, other than as permitted by this Agreement or the other Party’s prior written approval, any Confidential Information of the other Party unless provided otherwise in this Agreement. Each Party will place confidentiality notices on information or all copies of materials provided to the other Party that contain Confidential Information.
(b) It is expressly agreed that either party may disclose to its Related Corporations, Industry Participants, subsidiaries and/or subcontractors the Confidential Information of the other party to such extent as necessary for the purposes of this Agreement and for the CUSTOMER and/or its Related Corporations, Industry Participants and any other third parties to use the New Customised System. The Industry Participants may also access the Confidential Information for regulatory purposes.