The OneNDA clause
What are my obligations?
The Receiver must:
- only use the Confidential Information for the Purpose,
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keep the Confidential Information secure and confidential and only disclose it as allowed by this Agreement,
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promptly notify the Discloser if it becomes aware of a breach of this Agreement, and
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within thirty days of the Discloser’s request, take reasonable steps to destroy or erase any Confidential Information it holds, except the Receiver may retain copies of Confidential Information:
- that are securely stored in archival or computer back-up systems,
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to meet legal or regulatory obligations, or
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in accordance with bona fide record retention policies,
subject to this Agreement’s terms.
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