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10.1 Confidential Information. In connection with this Agreement each party (as the "Disclosing <br />Party") may disclose or make available Confidential Information to the other party (as the "Receiving <br />Party"). Subject to Section 10.2, "Confidential Information" means information in any form or <br />medium (whether oral, written, electronic or other) that the Disclosing Party considers confidential <br />or proprietary, including information consisting of or relating to the Disclosing Party's technology, <br />trade secrets, know-how, business operations, plans, strategies, customers, flow rates and related data <br />and pricing, and information with respect to which the Disclosing Party has contractual or other <br />confidentiality obligations, in each case whether or not marked, designated or otherwise identified as <br />"confidential". Without limiting the foregoing: all EmNet Materials and the terms of this Agreement <br />are the Confidential Information of EmNet. <br />10.2 Exclusions. Confidential Information does not include information that the Receiving Party <br />can demonstrate by written or other documentary records: (a) was rightfully known to the Receiving <br />Party without restriction on use or disclosure prior to such information's being disclosed or made <br />available to the Receiving Party in connection with this Agreement; (b) was or becomes generally <br />known by the public other than by the Receiving Party's or any of its Representatives' noncompliance <br />with this Agreement; (c) was or is received by the Receiving Party on a non -confidential basis from <br />a third party that was not or is not, at the time of such receipt, under any obligation to maintain its <br />confidentiality; or (d) the Receiving Party can demonstrate by written or other documentary records <br />was or is independently developed by the Receiving Party without reference to or use of any <br />Confidential Information. <br />10.3 Protection of Confidential Information. As a condition to being provided with any disclosure <br />of or access to Confidential Information, the Receiving Party small during the Term and for a period <br />of 3 years thereafter: <br />not access or use Confidential Information other than as necessary to exercise its rights or <br />perform its obligations under and in accordance with this Agreement; <br />except as may be permitted by and subject to its compliance with Section 10.4, not disclose <br />or permit access to Confidential Information other than to its Representatives who: (i) need to know <br />such Confidential Information for purposes of the Receiving Party's exercise of its rights or <br />performance of its obligations under and in accordance with this Agreement; (ii) have been informed <br />of the confidential nature of the Confidential Information and the Receiving Party's obligations under <br />this Section 10.3; and (iii) are bound by confidentiality and restricted use obligations at least as <br />protective of the Confidential Information as the terms set forth in this Section 10.3; <br />safeguard the Confidential Information from unauthorized use, access or disclosure using at <br />least the degree of care it uses to protect its similarly sensitive information and in no event less than <br />a reasonable degree of care; and <br />ensure its Representatives' compliance with, and be responsible and liable for any of its <br />Representatives' non-compliance with, the terms of this Section 10. <br />10.4 Compelled Disclosures. If the Receiving Party or any of its Representatives is compelled by <br />applicable Law to disclose any Confidential Information then, to the extent permitted by applicable <br />Law, the Receiving Party shall: (a) promptly, and prior to such disclosure, notify the Disclosing Party <br />10 <br />