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4.1. ERMUSR 07-13-2010
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4.1. ERMUSR 07-13-2010
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7/12/2010 3:44:19 PM
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7/9/2010 4:00:29 PM
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City Government
type
ERMUSR
date
7/14/2010
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(i) is in the public domain at the time of disclosure; or <br />(ii) following disclosure, becomes generally known or available through no act or omission <br />on the part of the Receiving Party; or <br />(iii) is known, or becomes known, to the Receiving Party from a source other than Connexus <br />or its Representatives (as defined herein), provided that disclosure by such source is not <br />in breach of a confidentiality agreement with Connexus; or <br />(iv) is independently developed by the Receiving Party without violating any of its <br />obligations under this Agreement; or <br />(v) is legally required to be disclosed by law or by judicial or other governmental action; <br />provided, however, that prompt notice of such judicial or other govenunental action shall <br />have been given to Connexus and that Connexus shall be afforded the opportunity <br />(consistent with the legal obligations of the Receiving Party) to exhaust all reasonable <br />legal remedies to maintain the Trade Secret Information in confidence. <br />Trade Secret Information shall not be deemed to fall within the exceptions of subparts (i) to (iv) above <br />merely because it is included in a document which also includes information that does fall within such <br />exceptions. <br />3. The Receiving Party shall keep the Trade Secret Information confidential to the extent permitted <br />by law and shall use the Trade Secret Information solely in connection with the Power Supply <br />Negotiations and make all reasonable efforts to prevent its disclosure under the Minnesota Government <br />Data Practice Act, Chapter 13 of Minnesota Statutes. The Receiving Party shall not disclose the Trade <br />Secret Information to any person, except that the Receiving Party may disclose Trade Secret Information <br />to any directors, officers, employees, attorneys, accountants, consultants, advisors and agents <br />(collectively, "Representatives") of the Receiving Party who require access to such information in <br />connection with the evaluation of the Project. Before disclosing any Trade Secret Information to a <br />Representative, the Receiving Party shall inform such Representative of the confidential or proprietary <br />nature thereof and of the Receiving Party's obligations under this Agreement. The Receiving Party shall <br />be responsible for any use or disclosure of Trade Secret Information by any of its Representatives. <br />4. All rights to Trade Secret Information disclosed pursuant to this Agreement aze reserved to <br />Connexus. No license or conveyance of any rights relating to the Tmde Secret Information is granted or <br />implied by Connexus to the Receiving Party. <br />5. This Agreement shall commence as of the date first set forth above and shall continue in effect <br />until five yeazs from the date hereof. <br />6. Nothing in this Agreement shall obligate Coanexus to disclose any Trade Secret Information to <br />the Receiving Party, and any disclosure of Trade Secret Information shall be at Connexus' sole discretion. <br />This Agreement does not constitute a commitment or promise by Connexus to proceed with any <br />transaction. Connexus does not make any representation or waaanty as to the accuracy or completeness <br />of any Trade Secret Information. Neither Connexus nor any of its respective Representatives will have <br />any liability relating to or arising from any use of or reliance upon the Trade Secret Information. <br />7. Upon Connexus' request, the Receiving Party shall use its best efforts to return to Connexus as <br />promptly as practicable, but in any event within thirty (30) days, all Trade Secret Information in the <br />
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