2.

 

EXCLUSIONS  

Confidential Information does not include information that Recipient can demonstrate: (a) was in 
Recipient's possession prior to its being furnished to Recipient under the terms of this Agreement, 
provided the source of that information was not known by Recipient to be bound by a confidentiality 
agreement with or other continual, legal or fiduciary obligation of confidentiality to Owner; (b) is now, 
or hereafter becomes, through no act or failure to act on the part of Recipient, generally known to the 
public; (c) is rightfully obtained by Recipient from a third party, without breach of any obligation to 
Owner; or (d) is independently developed by Recipient without use of or reference to the Confidential 
Information. 
 
 
3.

 

RECIPIENT'S OBLIGATIONS 

 

a.

 

Recipient agrees that the Confidential Information is to be considered confidential and 
proprietary to Owner and Recipient shall hold the same in confidence, shall not use the 
Confidential Information other than for the purposes of its business with Owner, and shall 
disclose it only to its officers, directors, or employees with a specific need to know. 
Recipient will not disclose, publish or otherwise reveal any of the Confidential Information 
received from Owner to any other party whatsoever except with the specific prior written 
authorization of Owner. 

 
b.

 

Confidential Information furnished in tangible form shall not be duplicated by Recipient 
except for purposes of this Agreement. Upon the request of Owner, Recipient shall return all 
Confidential Information received in written or tangible form, including copies, or 
reproductions or other media containing such Confidential Information, within [NUMBER] 
days of such request. At Recipient's option, any documents or other media developed by the 
Recipient containing Confidential Information may be destroyed by Recipient. Recipient 
shall provide a written certificate to Owner regarding destruction within [NUMBER] days 
thereafter. 

 
 
4.

 

TERM 

The obligations of Recipient herein shall be effective [NON-DISCLOSURE PERIOD] from the date Owner 
last discloses any Confidential Information to Recipient pursuant to this Agreement. Further, the 
obligation not to disclose shall not be affected by bankruptcy, receivership, assignment, attachment or 
seizure procedures, whether initiated by or against Recipient, nor by the rejection of any agreement 
between Owner and Recipient, by a trustee of Recipient in bankruptcy, or by the Recipient as a debtor-
in-possession or the equivalent of any of the foregoing under local law. 
 
 
5.

 

CONFIDENTIALITY  

Recipient and its Representatives shall not disclose any of the Confidential Information in any manner 
whatsoever, except as provided in Articles 6 and 7 of this Agreement, and shall hold and maintain the 
Confidential Information in strictest confidence. Recipient hereby agrees to indemnify Owner against 
any and all losses, damages, claims, expenses, and attorneys' fees incurred or suffered by Owner as a 
result of a breach of this Agreement by Recipient or its Representatives.