Current Partnering: Glossary of dealmaking terms

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Glossary

Permitted Disclosures

Last updated 28 June 2007

Description

Disclosures of confidential information permitted by the agreement.

Examples

Clause:

9.2 Permitted Disclosures.

Each Party may disclose the other Party's Confidential Information to its employees and Affiliates on a need-to-know basis and to its agents or consultants to the extent required to accomplish the purposes of this Agreement; provided that the recipient Party obtains prior agreement from such agents and consultants to whom disclosure is to be made to hold in confidence and not make use of such Confidential Information for any purpose other than those permitted by this Agreement. Each Party will use at least the same standard of care as it uses to protect proprietary or confidential information of its own to ensure that such employees, agents, consultants, and Affiliates do not disclose or make any unauthorized use of the other Party's Confidential Information.

-- License and Supply agreement between Access and Wyeth, January 2004

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