Understanding Confidentiality Clauses
Summary
Confidentiality clauses ensure that the Receiving Party cannot use the Confidential Information beyond the agreed Purpose and do not grant any intellectual property rights. Signing the agreement or sharing information does not provide exclusivity or special privileges. If you have questions about including the entire agreement in a document, consider consulting a contract attorney for specific guidance.Full Conversation
*. NO LICENCE
Nothing herein contained shall be construed as granting to the Receiving Party and the Receiving Party shall not acquire any licence or right to use the Confidential Information other than for the Purpose or any licence under or rights to any patent, copyright or other intellectual property. Furthermore, the signature of this Agreement and/or the disclosure and/or the receipt of any Confidential Information by either Party shall not be construed as a grant of exclusivity, a right of first refusal or any privilege by such Party to the other Party.
The passage means:
- The Receiving Party doesn't get any rights to use the Confidential Information beyond the specified Purpose.
- No intellectual property rights (patent, copyright, etc.) are granted.
- Signing the Agreement or sharing Confidential Information doesn't provide exclusivity, right of first refusal, or any special privileges.
Do you have any specific questions about this clause or its implications?
Can I put in the whole agreement?
It seems like you're asking whether you can place the entire agreement under a certain condition. Could you clarify what you mean by "put in the whole agreement"? Are you asking about including the entire agreement in a document, or something else?