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This excerpt taken from the VRSN 10-K filed Jul 12, 2007. 2. Confidentiality Obligations 2.1. In consideration of the disclosure of Confidential Information, the Parties agree that: (a) The receiving party shall treat as strictly confidential, and use all reasonable efforts to preserve the secrecy and confidentiality of, all Confidential Information received from the disclosing party, including implementing reasonable physical security measures and operating procedures. (b) The receiving party shall make no disclosures whatsoever of any Confidential Information to others, provided however, that if the receiving party is a corporation, partnership, or similar entity, disclosure is permitted to the receiving partys officers, employees, contractors and agents who have a demonstrable need to know such Confidential Information, provided the receiving party shall advise such personnel of the confidential nature of the Confidential Information and of the procedures required to maintain the confidentiality thereof, and shall require them to acknowledge in writing that they have read, understand, and agree to be individually bound by the terms of this Confidentiality Agreement. (c) The receiving party shall not modify or remove any Confidential legends and/or copyright notices appearing on any Confidential Information. |
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