CARL W. HOFFMAN, Magistrate Judge.
Pursuant to the Court's Order dated February 4, 2016 (Doc. # 68), the parties move the Court to enter this Order governing the production and use of certain confidential information, testimony and exhibits, as defined below. Design 3.2 Trust, Daniel T. Kennison, Maria J. Kennison and Federal Home Loans Mortgage Corporations (hereinafter the "Parties"), by and through their counsel of record, hereby agree and stipulate to the entry of a protective order as follows:
1. The parties in this action have sought and seek the production of information deemed confidential and/or proprietary and, as set forth herein, the parties agree that production of such records will be maintained in strict confidence. In accordance therewith, all documents marked "CONFIDENTIAL" and/or information, written discovery and deposition testimony pertaining to said documents (collectively referred to as "Confidential Information") produced by any party shall be used solely for the preparation, prosecution and defense of the present case. Except as specified in paragraph 3 below, access to Confidential Information shall be limited to the Court, its officers, counsel for the parties, the parties' litigation representatives and principals, and their staff members assisting in the preparation, prosecution and defense of this case. Except as specified below, no person with access to Confidential Information shall disclose the contents of any Confidential Information to any other person in any manner.
2. The parties agree to limit their designations of Confidential Information to information which, in good faith, is deemed sensitive, proprietary and/or confidential. Any party may deem any document Confidential at any time, even if such documents were not produced by that party or the documents were previously filed or used in another case, proceeding, hearing or deposition.
3. Counsel for any party may give access to Confidential Information to independent experts/consultants and their staff, consulting firms, or other independent contractors actually retained or employed to advise or assist such counsel and to whom it is necessary that Confidential Information be disclosed for purposes of this case, provided that:
4. This Stipulation and Protective Order shall prohibit disclosure to all persons other than those set forth herein unless required by a Court Order. The parties may amend this Stipulation and Protective Order upon consent of all parties or upon application to the Court in which this action is pending.
5. Nothing in this Stipulation and Protective Order shall prohibit counsel for the parties from using any of the Confidential Information in connection with any deposition, application, motion, hearing, or trial in this action, provided that in the event that any such Confidential Information is filed or otherwise lodged with the Court, it shall be filed or lodged under seal pending further order, and shall be labeled, CONFIDENTIAL — NOT TO BE DISCLOSED EXCEPT SUBJECT TO COURT ORDER." In the event any Confidential Information is used in connection with a deposition, the deposition shall be conducted outside the presence of any person not directly involved in this litigation other than the court reporter and persons agreed to between the parties. All portions of the deposition transcript and exhibits relating to the Confidential Information shall be designated "CONFIDENTIAL." If counsel for any party attempts to introduce into evidence any Confidential Information at a hearing or trial in this case, the Court will take such steps as it shall deem reasonably necessary to preserve the confidentiality of that information.
6. Unless the Court orders otherwise, testimony, documents or information that is designated as "Confidential" is entitled to the protection afforded by this Stipulated Protective Order as soon as that designation is made by the party seeking confidentiality. Those protections remain applicable even if another party objects to that designation, unless and until the Court enters an order removing or modifying the protection afforded by this Stipulated Protective Order.
7. Within thirty (30) days after any judgment is entered in this matter, resolution is reached, or the appeal process is concluded, whichever is later, all Confidential Information received by any party, including all notes, transcripts, tapes, other papers, and any other medium containing, summarizing, excerpting, or otherwise embodying any Confidential Information or its contents, shall be returned to the producing party; or if the Confidential Information was obtained from a non-party, it shall be destroyed. This requirement does not include work product of legal counsel.
8. In the event any person or entity who is not a party to this Stipulated and Protective Order seeks access to the Confidential Information referenced herein by request, subpoena or otherwise, from any party to this Stipulation and Protective Order, that party (i) shall promptly notify the party that produced the Confidential Information of the request or subpoena; and (ii) shall inform the requesting party of the existence of this Stipulation and Protective Order.
9. This stipulation may be made an order of this Court.
IT IS SO ORDERED.