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] [NOTE: Don't rely on the drafts below as a substitute for legal advice about your specific situation. If the receiving party's confidentiality obligations are allowed to expire, the disclosing party might thereafter find it difficult — or, more likely, impossible — to convince a court to enforce any trade-secret rights in the relevant information. A receiving party might find it to be tremendously burdensome and expensive to try to return or destroy all copies of a disclosing party's confidential information, even those in emails, backup systems, etc.
See the Cautions for more details.] The period (i) beginning on the effective date of the Agreement and (ii) continuing until the information question qualifies for at least one exclusion from Confidential Information status under CD 126.96.36.199. [CITATION NEEDED] The language, any other right or obligation under the Agreement, addresses the situation in which an agreement includes noncompetition or non-solicitation provisions in addition to confidentiality provisions — the language attempts to make it clear that the confidentiality obligations continue even if (for example) the non-competition covenant expires. Downer, Equitable Exceptions to the Rule Against Perpetual Contracts, Intellectual Property Litigation, Volume 21, No. Such an argument, though, would have to overcome the long-established rule that "[t]rade secret licenses may endure even where the trade secret itself is destroyed by general disclosure." Nova Chemicals, Inc. The requirement of disclosing-party consent to destruction has in mind the situation in which the disclosing party doesn't itself have a copy of Confidential Information to be destroyed.
Free for (limited) use under a Creative Commons license. [for] the transportation and delivery of goods." (Wikipedia.com). Another useful patent-law analogy might the requirement of corroboration to support an assertion that an issued patent is invalid due to prior public use. In the Seventh Circuit's Fail-Safe case, the court pointedly noted that the plaintiff had not marked its information as confidential; the court affirmed the district court's summary judgment dismissing the plaintiff's claim of misappropriation. A disclosing party should always insist on imposing confidentiality obligations on a receiving party; otherwise, a court is likely to hold hold that the disclosing party had failed to make reasonable efforts to protect its confidential information. For the avoidance of doubt, the Receiving Party's undertaking of the obligations of the Agreement concerning Confidential Information is not intended and should not be interpreted as in itself establishing a confidential‑ or fiduciary relationship between the parties.
Companies sometimes want to negotiate pricing and other terms & conditions on behalf of their affiliates; that can help to reduce the transaction costs that would attend negotiation of individual contracts between each affiliate and the same counterparty. This was suggested in a Linked In comment (group membership required) by attorney Michael Little. (3) If so requested by the Disclosing Party, the Receiving Party must provide reasonable cooperation with any efforts by the Disclosing Party to limit the disclosure, and/or to obtain legal protection for the information to be disclosed, in response to the Compulsory Legal Demand. There, the court held that Martin Marietta had breached a non-disclosure agreement by including Vulcan's confidential information in an SEC filing about Martin Marietta's proposed takeover of Vulcan. S.] National Labor Relations Act or other labor- or employment law; nor (2) as requiring the Receiving Party to obtain the prior consent of the Disclosing Party to make such reports or disclosures; nor (3) as requiring the Receiving Party to notify the Disclosing Party that it has made such reports or disclosures.
An easy way to do this is to pre-negotiate a "master" agreement that can be incorporated by reference into other contracts. I'm on the fence about that one: My own preference is often to be silent on this point in the master agreement, so that the parties will have to remember to expressly incorporate the master agreement by reference. (4) Upon request by the Receiving Party, accompanied by (and/or supplemented with) reasonable supporting documentation, the Disclosing Party will reimburse the Receiving Party for all reasonable expenses incurred in providing the cooperation referred to in subdivision (1), including for example reasonable attorney fees. (b) In the interest of promoting the prompt identification and correction of possible violations of law or regulation, the Receiving Party is strongly urged to promptly advise the Disclosing Party of any facts, material to the Disclosing Party or to the relationship between the Disclosing Party and the Receiving Party, that would be contained in any report or disclosure referred to in subdivision (a)(1). This legislation followed fierce assertions by several U. Government agencies that a company may not even arguably discourage, let alone prohibit, the company's employees from disclosing whistleblower information to the agencies.
The relationship between plaintiffs and Tzolis had become antagonistic, to the extent that plaintiffs could no longer reasonably regard Tzolis as trustworthy. In similar fashion, if the Background section of the agreement recites facts about a dispute between the parties, the court likely will accept those facts as true; see the commentary to CD-25.2. That can help counter what one commentator says will be the plaintiffs' lawyers' response to the Pappas decision, namely not to stipulate in their complaints that the parties had a dispute. (c) Any prior master agreement between the parties concerning the subject matter of the Agreement is cancelled, on a going-forward basis only, as follows: (1) the Agreement (along with any applicable transaction-specific agreement) will govern any transaction concerning that subject matter whose performance is begun during the term of the Agreement. In that case: A Chinese manufacturer of solar-panel products entered into a co-branding agreement with a U. The co-branding agreement contained an arbitration provision, which expressly required that arbitration proceedings be in English. Subdivision (b) ia a corollary to the confidentiality obligations; see generally its commentary.
Therefore, crediting plaintiffs' allegations, the release contained in the Certificate is valid, and plaintiffs cannot prevail on their cause of action alleging breach of fiduciary duty. (2) Unless the Agreement expressly states otherwise, IF: Performance of a transaction has already commenced under a prior master agreement between the parties; THEN: That prior master agreement will remain in effect as to that transaction until its performance is completed. The Colorado district court ruled that, contrary to the decision of the arbitration panel, the testimony of the retailer's CEO established that the co-branding agreement had indeed been a "master" agreement; this meant that the Chinese-language notice of arbitration had been insufficient, and that in turn meant that, under the New York Convention, the court could decline to enforce the damages award. refers to a demand for information such as (for example) a subpoena; a search warrant; a civil investigative demand; or a discovery request in a lawsuit; if in each such case, both of the following are true: (1) the demand for information is initiated or propounded by a third party such as (for example) a litigant or a governmental entity; and (2) the Receiving Party's compliance with the demand for information may be compelled under penalty of law.
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A pre-negotiated master agreement can be extremely useful in business. Citing the virtual unreviewability of arbitration awards even when grounded on errors of law, the Tenth Circuit chose not to address the master-agreement issue: [O]ur holding does not rely on the conclusion that the [sales contract] was bound by the terms of the [co-branding agreement]. DRAFTING LESSON: It's best if purchase orders, statements of work, etc., expressly identify a "master" agreement and state that the master agreement applies. (1) The Receiving Party must seasonably advise the Disclosing Party of the Compulsory Legal Demand (to the extent that doing so is not prohibited by law).
It allows parties to negotiate the "legal T&Cs" one time; the parties can re-use those T&Cs in future transactions by signing short-form contracts that (ideally) incorporate the master agreement by reference and set forth any transaction-specific terms. Rather, the [co-branding agreement] is one piece of evidence demonstrating that the parties understood their relationship would proceed in English, and that [the manufacturer] suddenly deviated from that understanding and practice when providing notice. A master agreement might state that its terms apply to all transactions between the parties, even if the parties use a purchase order, statement of work, etc., that doesn't refer to the master agreement. (2) The Receiving Party must disclose only so much Confidential Information as is required to comply with the Compulsory Legal Demand. (A) reporting possible violations of law or regulation to any governmental agency or entity having jurisdiction, including but not limited to the United States Department of Justice, Securities and Exchange Commission, Congress, and any agency inspector general, as well as any other federal, state or local government official; nor (B) disclosure to an attorney solely for the purpose of reporting or investigating a suspected violation of law; (C) disclosure in a complaint or other document filed in a lawsuit or other proceeding, if the filing is made under seal; (D) disclosure to an attorney representing the Receiving Party for use in the court proceedings of a lawsuit alleging that the Disclosing Party retaliated against the Receiving Party for reporting a suspected violation of law, as long as any document containing the Confidential Information is filed in court only under seal and the Receiving Party does not otherwise disclose the Confidential Information except under a court order; (E) making other disclosures by the Receiving Party that are positively authorized by law or regulation, for example the [U.
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