Right to independently develop
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Independent Development. The parties hereby acknowledge that each party may currently or in the future be developing information internally or receiving Confidential Information from other parties that may be similar or competitive to the Confidential Information disclosed under this agreement.


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Neutral Exchange Agreements Independent Development

About

  • Clause Taxonomy: Independent Development
  • Organization: Public
  • Updated: 04/05/2019
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Overview

The Independent Development clause stipulates that the parties may be developing products independent of other each other and they make no representations that the development will not compete with the other party.