Laserfiche WebLink
5.3. Termination for Cause. Other than Customer's nonpayment which shall constitute a breach of this <br /> Agreement if full payment is not received within five (5)days of written notice, either Party may terminate <br /> this Agreement by providing the other Party with written notice if the other Party(i)becomes insolvent, <br /> executes a general assignment for the benefit of creditors or becomes subject to bankruptcy or receivership <br /> proceedings; (ii)breaches its obligations related to the other Party's confidential information; or(iii) <br /> commits a material breach of this Agreement that remains uncured for thirty(30)days following delivery <br /> of written notice of such breach(including,but not necessarily limited to, a statement of the facts relating <br /> to the breach or default,the provisions of this Agreement that are in breach or default and the action <br /> required to cure the breach or default). <br /> 5.4. Surviving Provisions. Any provision of this Agreement that contemplates performance or <br /> observance subsequent to termination or expiration of this Agreement shall survive termination or <br /> expiration and continue in full force and effect for the period so contemplated. <br /> 6. Confidentiality. <br /> 6.1. Definitions. (A)"Confidential Information"means(1)this Agreement and the discussions, <br /> negotiations and proposals related to this Agreement and(2) information, whether provided directly or <br /> indirectly from the other Party in writing, orally, by electronic or other data transmission or in any other <br /> form or media or obtained through on-site visits at Itron or Customer facilities and whether furnished or <br /> made available before or after the date of this Agreement, that is confidential, proprietary or otherwise not <br /> generally available to the public. Confidential Information does not include information that is: (a) <br /> rightfully known to the receiving Party before negotiations leading up to this Agreement; (b) <br /> independently developed by the receiving Party without relying on the disclosing Party's Confidential <br /> Information; (c)part of the public domain or is lawfully obtained by the receiving Party from a third party <br /> not under an obligation of confidentiality; or(d) free of confidentiality restrictions by agreement of the <br /> disclosing party. (B)"Receiving Party"means the Party receiving Confidential Information of the other. <br /> (C) "Disclosing Party" means the Party disclosing Confidential Information to the other Party. <br /> 6.2. Obligations. The Receiving Party will keep Confidential Information of the Disclosing Party <br /> strictly confidential and will not disclose it to any third party during the term of this Agreement and for a <br /> period of three(3)years after termination or expiration of this Agreement. <br /> 6.3. Permitted Disclosure. The Receiving Party may disclose Confidential Information to its affiliates, <br /> agents, contractors, and legal representatives, but only if they have a need to know and an obligation to <br /> protect the Disclosing Party's Confidential Information that is at least as restrictive as the confidentiality <br /> provisions of this Agreement. <br /> Itron recognizes that Customer is subject to Minnesota public records laws under which Customer is <br /> required to disclose all records characterized as public under state law, unless an exemption applies. For <br /> that reason,Customer agrees that if a record regarding Itron Confidential Information is requested under <br /> public records laws, Customer will provide Itron with prompt written notice of such request prior to <br /> producing any records so that Itron has an opportunity to seek court protection of the requested records. <br /> Customer also agrees to reasonably cooperate with Itron to mitigate the disclosure of such Confidential <br /> Information to the extent requested by Itron and allowed by applicable public records laws. <br /> 6.4. Return of Confidential Information. The Receiving Party will destroy or return the Disclosing <br /> Party's Confidential Information within fourteen(14)days after receipt of the Disclosing Party's written <br /> request. With the exception of Customer Data(as defined in Section 7),the Receiving Party may retain a <br /> copy of Confidential Information as part of archival records(including backup systems)the Receiving <br /> Party keeps in the ordinary course of business,or if required by law or regulation;provided however, that <br /> any Confidential Information so retained will continue to be Confidential Information pursuant to the <br /> 19 0 <br />