Confidentiality of Information
The following information is considered as confidential (the “Confidential Information”):
all trade secrets, know-how, procedures, ideas, proposals, proprietary technologies and techniques and all related information made available or disclosed, whether orally, in writing, in the form of an electronic document, visual or audio recording or by any other means;
information of a technical, economic and commercial character, information on prices and their calculation, information on products and/or related documentation and manuals, including their content, any information on research and development, including research and development plans, business and development plans, business and product marketing plans, past and present economic results, forecasts and estimates of economic results, budgets and other economic data, data on the internal structure of Powerful Medical and its employees, as well as any future strategies of Powerful Medical made available or disclosed, whether orally, in writing, in the form of an electronic document, visual or audio recording or by any other means;
the existence and content of any discussions relating to the subject matter of this Agreement, unless agreed otherwise;
any information designated by Powerful Medical as confidential and
any notes, records or copies relating to the information referred to in 1.1 and 13.1.4 above made by the Contracting Party or one of its personnel.
We may provide the User access to the Confidential Information. The Confidential Information made available shall be used only in accordance with the purpose for which it was provided, but not for any other purpose.
Disclosed Confidential Information must be kept confidential by the User and protected from disclosure to any third parties and persons, unless agreed otherwise by Powerful Medical and the User or as provided in these Terms.
The User undertakes to ensure the confidentiality and protection of Confidential Information from unauthorized persons and to notify Us without undue delay of the suspicion of breach of this section 13 and to return all provided Confidential Information at any time upon Our request. If the Confidential Information has the nature of material documents, the User is obliged to return them physically. In the event that the Confidential Information is stored in electronic form, the User is obliged to securely delete all Confidential Information stored and destroy any media to the extent it holds such Confidential Information. The User is obliged to provide Us with a written certification of deletion and destruction.
All Confidential Information shall remain the sole property of and available to Powerful Medical. By providing Confidential Information, the recipient shall not acquire any rights related to the Confidential Information.