10.5 Each Party (a “Receiving Party”) understands that the other Party (the “Disclosing Party”) may disclose to the Receiving Party information under this Agreement of a confidential nature including, without limitation, product information pricing, financial information, end user information, software, specification, or other materials that is (a) clearly and conspicuously marked as “confidential” or with a similar designation; (b) is identified by the Disclosing Party as confidential and/or proprietary before, during, or promptly after presentation or communication; or (c) is disclosed to Receiving Party in a manner in with the Disclosing Party reasonably communicated, or the Receiving Party should reasonably have understood under the circumstances, that the disclosure should be treated as confidential, whether or not the specific designation “confidential” or any similar designation is used (“Confidential Information”). Confidential Information shall not include information (i) previously known to the Receiving Party without an obligation of confidence owed to the Disclosing Party, (ii) independently developed by or for the Receiving Party without use of or access to the Disclosing Party, s Confidential Information, (iii) acquired by the Receiving Party from a third-party which is not known by the Receiving Party to be under an obligation of confidence owed to the Disclosing Party with respect to such information ,or (iv) which is or become publicly available through no breach of this Agreement by the Receiving Party.
Except with the prior written content of the Disclosing Party, neither Party shall (a) disclose any Confidential Information of the Disclosing Party other than to (i) its own officers, directors, employees, attorneys, accountants, financial advisors and sub-contractors who are actively involved in fulfilling the obligations and/or exercising the right of the Receiving party under this Agreement,(ii) its officers and membersof its Board of Directors or (iii) on a need to know basis, those who are actively involved in analyzing and advising the Receiving Party for legal, accounting or financial purposes (including preparing or reviewing a Party, s financial reports) and with respect to (i), (ii) and (iii) who have signed a non-disclosure agreement or are otherwise subject to confidentiality obligations; or (iv) court or governmental authority who request the disclosure of the Confidential Information (b) use Confidential Information, except for fulfilling the obligations or, or a need to know basis, exercising the right of the Receiving Party under this Agreement or analyzing and advising the Receiving Party on legal or financial matters; The foregoing obligations shall survive the termination or expiration of this Agreement.
10.5 Each Party (a “Receiving Party”) understands that the other Party (the “Disclosing Party”) may disclose to the Receiving Party information under this Agreement of a confidential nature including, without limitation, product information pricing, financial information, end user information, software, specification, or other materials that is (a) clearly and conspicuously marked as “confidential” or with a similar designation; (b) is identified by the Disclosing Party as confidential and/or proprietary before, during, or promptly after presentation or communication; or (c) is disclosed to Receiving Party in a manner in with the Disclosing Party reasonably communicated, or the Receiving Party should reasonably have understood under the circumstances, that the disclosure should be treated as confidential, whether or not the specific designation “confidential” or any similar designation is used (“Confidential Information”). Confidential Information shall not include information (i) previously known to the Receiving Party without an obligation of confidence owed to the Disclosing Party, (ii) independently developed by or for the Receiving Party without use of or access to the Disclosing Party, s Confidential Information, (iii) acquired by the Receiving Party from a third-party which is not known by the Receiving Party to be under an obligation of confidence owed to the Disclosing Party with respect to such information ,or (iv) which is or become publicly available through no breach of this Agreement by the Receiving Party.Except with the prior written content of the Disclosing Party, neither Party shall (a) disclose any Confidential Information of the Disclosing Party other than to (i) its own officers, directors, employees, attorneys, accountants, financial advisors and sub-contractors who are actively involved in fulfilling the obligations and/or exercising the right of the Receiving party under this Agreement,(ii) its officers and membersof its Board of Directors or (iii) on a need to know basis, those who are actively involved in analyzing and advising the Receiving Party for legal, accounting or financial purposes (including preparing or reviewing a Party, s financial reports) and with respect to (i), (ii) and (iii) who have signed a non-disclosure agreement or are otherwise subject to confidentiality obligations; or (iv) court or governmental authority who request the disclosure of the Confidential Information (b) use Confidential Information, except for fulfilling the obligations or, or a need to know basis, exercising the right of the Receiving Party under this Agreement or analyzing and advising the Receiving Party on legal or financial matters; The foregoing obligations shall survive the termination or expiration of this Agreement.
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