General Contract Clauses: Confidentiality (Residual Information Exception)
A Standard Clause setting out a residual information exception to confidentiality obligations in a commercial transaction. This Standard Clause, also referred to as a residual rights clause or residuals clause, allows the recipient to use or disclose those parts of the discloser's confidential information that the recipient's employees retain in their memories. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.
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