premise: Personnel means any and all staﬀ, employees, directors, oﬃcers and professional advisors of a Party Purpose means any and all discussions and negotiations relating to a potential agreement between the Parties hereto as more particularly set out in Recital  (A) Receiving Party means the Party who is in receipt of Conﬁdential Information 2 The Commitment 2.1  In consideration of each Party agreeing to supply the other Party with Conﬁdential Information for the Purpose, and in consideration of the mutual undertakings set out herein the Parties each hereby separately agree and irrevocably undertake to each other that they will only use Conﬁdential Information for the Purpose and otherwise to act in accordance with the terms and conditions hereinafter contained. 2.2  The disclosure of Conﬁdential Information by the Disclosing Party to the Receiving Party shall in no way be construed to imply any transfer of rights connected with the Conﬁdential Information including, without limitation, any trade marks or business secrets. 2.3 A Receiving Party’s obligations in respect of Conﬁdential Information made available by the Disclosing Party pursuant to this Agreement shall continue notwithstanding the termination of the Purpose. 3 Safekeeping 3.1 A Receiving Party shall treat and safeguard as private and conﬁdential all of the Conﬁdential Information and will take all reasonable precautions in dealing with any Conﬁdential Information so as to prevent any third party from having access to the Conﬁdential Information. 4 Limited internal dissemination 4.1 A Receiving Party shall only disclose or reveal any Conﬁdential Information disclosed to it to those of its Personnel who are required in the course of their duties to receive and consider the same in so far as is necessary to fulﬁl the Purpose.