Can someone explain the ramifications in not having limitations on what is explicitly marked as confidential? For example, changing the first to the second:
“Confidential Information” refers to the following items one party to this Agreement (“Discloser”) discloses to the other (“Recipient”): (a) any document or software Discloser marks “Confidential”; (b) any information Discloser orally designates as “Confidential” at the time of disclosure, provided Discloser confirms such designation in writing within 30 business days;
“Confidential Information” refers to the following items one party to this Agreement (“Discloser”) discloses to the other (“Recipient”): (a) any document or software; b) any information Discloser orally discloses to the Recipient