Each Party and the participants shall identify at the earliest possible moment the information that they wish to remain undisclosed in relation to this Agreement, taking account, inter alia, of the following criteria:
- the information is secret in the sense that it is not, as a body or in the precise configuration or assembly of its components, generally known or readily accessible by lawful means;
- the information has actual or potential commercial value by virtue of its secrecy;
- the information has been subject to steps that were reasonable under the circumstances by the person lawfully in control, to maintain its secrecy.