1. Confidential Information shall mean any and all materials, information and data (whether oral or written) of a business, scientific, technical, operational, administrative, economic, planning, financial or engineering nature or in the nature of intellectual property of any kind relating either party and any of their subsidiaries or associated companies, including copies of any such materials, information and data and whether in hard copy form or stored in any computer or other information retrieval system.
2. Confidential Information shall remain the property of the Disclosing Party and shall be returned upon written request of the Disclosing Party or upon the Receiving Party¡¦s determination that it no longer has a need for such Confidential Information.
3. Nothing in this Article 1 shall prohibit the disclosure of Confidential Information to any agency, authority, instrumentality of any State or Government to the extent that such disclosure is required by any law or regulation applicable to a Party. The Receiving Party shall give prompt notice to the Disclosing Party of any such disclosure.
4. Neither this Confidential Agreement nor the furnishing of any Confidential Information by any party hereunder shall be construed as granting to the other party any license under any patent, trademark, copyright, or other intellectual property right.

Back to Top