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Confidentiality agreement
This agreement is entered into between Meridian AG (the Disclosing Party) and Alpine Advisory SA (the Receiving Party) in connection with a proposed commercial collaboration.
1. Confidentiality
1.1The parties protect confidential information.
1.2Confidential information includes business plans, financial records and technical materials disclosed by either party, whether in writing, orally or in electronic form.
1.3Access shall be limited to employees and advisers who need the information to evaluate the proposed collaboration. Each party remains responsible for compliance by its representatives.
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Confidentiality agreement
2. Permitted disclosure
2.1The Receiving Party may disclose confidential information to any adviser.
2.2The Receiving Party shall maintain a record of the persons to whom confidential information is disclosed and shall ensure that access remains limited to the purposes of the collaboration.
2.3If disclosure is required by a competent authority, the Receiving Party shall, to the extent legally permitted, notify the Disclosing Party before releasing the information.
2.4No licence or transfer of intellectual property rights is granted by disclosure. All materials remain the property of the party that supplied them.
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Confidentiality agreement
3. Duration and return
3.1The confidentiality obligations shall continue for one year after termination.
3.2Upon written request, the Receiving Party shall return or securely destroy the confidential materials in its possession and confirm completion in writing.
3.3Copies required for legal retention may be retained with restricted access and remain subject to the confidentiality obligations in this agreement.
3.4Any amendment to this agreement shall be recorded in writing and signed by both parties. The agreement takes effect on the date of the last signature.