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15. Confidentiality <br />(a) Unless expressly approved by a Party or otherwise expressly permitted under this Agreement, <br />the other Party shall not use, or permit others to use, such Party's or its Affiliates' name, brand or logo in any <br />documentation, advertising or marketing materials or other public displays. <br />(b) It may be necessary for each Party to provide the other Party information necessary to permit <br />performance of their respective obligations hereunder. The Parties agree that the terms of this Agreement and <br />all information including cost estimates, financial and other information provided by the other Party, which is <br />clearly marked as confidential or proprietary, will be held in strict confidence to the extent allowed by the State <br />of New York, and upon the expiration or earlier termination of this Agreement, the Parties and their respective <br />officers, employees, agents, advisors and representatives, will continue to hold such information in confidence <br />and will promptly return such confidential documents provided by the other Party. The Parties' obligations to <br />treat such information as confidential shall terminate at the expiration of five (5) years from the termination of <br />this Agreement. Nothing in this Agreement shall limit either Party's use or disclosure of information which: <br />(i) is generally known or available on an unrestricted basis to the public or becomes so <br />known or available on an unrestricted basis through no fault of the receiving Party, <br />(ii) is in the receiving Party's possession without restriction as to its use or disclosure <br />prior to its receipt from the disclosing Party, <br />(iii) is acquired by the receiving Party on an unrestricted basis from any third party, <br />provided; that,the disclosing Party does not know or have reason to know, or is not informed subsequent to <br />disclosure by such third party and prior to disclosure by the disclosing Party, that such information was <br />acquired under an obligation of confidentiality, <br />(iv) information that was developed by or for the receiving Party independently of and <br />without reference to the information of the disclosing Party, or <br />(v) is required to be disclosed by any governmental authority, including the Securities <br />and Exchange Commission, or court or administrative agency with appropriate jurisdiction in the <br />circumstances, provided, that at the expense of the Party that desires to maintain nondisclosure, the Party <br />immediately affected by such a requirement will use reasonable commercial efforts to challenge such <br />requirement or to secure a protective order limiting further or greater disclosure in the circumstances. <br />(c) The Parties agree that in the event a Party breaches its obligations under this Section 15, the <br />non -breaching Party shall be entitled to such relief as may be available at law or equity. <br />16. Events of Default; Remedies <br />(a) The occurrence of any of the following events shall constitute an "Event of Default": <br />(i) a Party's failure to make any payment required by this Agreement within ten (10) <br />business days after receipt of written notice from the other Party that a payment which is due has not been <br />received, <br />(ii) a Party's failure to observe and perform any other material obligation under this <br />Agreement and continuance of such failure for a period of thirty (30) days after receipt of written notice <br />specifying the nature of such default and demanding that it be remedied unless the nature of the default is such <br />that it cannot reasonably be cured within 30 days in which case the defaulting Party shall have such additional <br />time as is reasonably necessary to cure such default, not to exceed 60 days, so long as it is diligently pursuing <br />such cure, <br />Page 18 of 30 <br />SE PPA 11/11/15 <br />