IN RE TUFIN SOFTWARE TECHNOLOGIES LTD. SECURITIES LITIGATION

District Court, S.D. New York·Decided August 5, 2022·No. 1:20-cv-05646·Unknown

Opinion

DOCUMENT ELECTRONICALLY FILED DOC #: UNITED STATES DISTRICT COURT DATE FILED: 8/5/2022 □□ SOUTHERN DISTRICT OF NEW YORK .

Master File No. 1:20-cv-5646-GHW IN RE TUFIN SOFTWARE TECHNOLOGIES LTD. SECURITIES Hon. Gregory H. Woods LITIGATION STIPULATED CONFIDENTIALITY AGREEMENT AND PROTECTIVE ORDER

GREGORY H. WOODS, District Judge: WHEREAS, Lead Plaintiff Mark Henry and Named Plaintiffs Matt Primozich and William J. Allen (together, “Plaintiffs”) and Defendants Tufin Software Technologies Ltd. (“Tufin”), Reuven Kitov, Jack Wakileh, Reuven Harrison, Ohad Finkelstein, Edouard Cukierman, Yair Shamir, Ronni Zehavi, and Yuval Shachar (together, the “Individual Defendants”) (collectively, the “Parties” and each individually, a ““Party”) request that this Court issue a protective order pursuant to Federal Rule of Civil Procedure 26(c) to protect the confidentiality of nonpublic and competitively sensitive information that they may need to disclose in connection with discovery in this action; WHEREAS, the Parties, through counsel, agree to the following terms; and WHEREAS, this Court finds that good cause exists for issuance of an appropriately tailored confidentiality order governing the pretrial phase of this action; IT IS HEREBY ORDERED that the Parties, their respective officers, agents, servants, employees, and attorneys, any other person in active concert or participation with any of the foregoing, and all other persons with actual notice of this Order will adhere to the following terms, upon pain of contempt: 1. With respect to “Discovery Material” (Ze., information of any kind

produced or disclosed in the course of discovery in this action) that a person has designated as “Confidential” or “Highly Confidential” pursuant to this Order, no person subject to this Order may disclose such Confidential or Highly Confidential Discovery Material to anyone else except as expressly permitted hereunder: 2. The Party or person producing or disclosing Discovery Material (each, “Producing Party”) may designate as Confidential any documents containing material that it reasonably and in good faith believes consists of: (a) previously non-disclosed financial information (including without limitation profitability reports or estimates, percentage fees, design fees, royalty rates, minimum guarantee payments, sales reports, sale margins, sales projections, pricing data, and drafts of regulatory filings); (b) previously non-disclosed material relating to ownership or control of any non-public company; (c) previously non-disclosed business plans, product-development information, or marketing plans, including but not limited to information concerning sales policies and practices and policies and practices regarding hiring or training; (d) any information of a personal or intimate nature regarding any individual (‘Personal Data”), including but not limited to performance evaluations and personnel files; or (e) any other category of information given confidential status by this Court after the date of this Order. 3. Plaintiffs may designate as Highly Confidential any documents containing AMERICAS 114395920

material that they reasonably and in good faith believe contains information identifying the confidential witnesses referenced in the Second Amended Complaint (ECF No. 70) (“Confidential Witness(es)”) as such Confidential Witnesses!. 4. With respect to the Confidential or Highly Confidential portion of any Discovery Material other than deposition transcripts and exhibits, the Producing Party or its counsel may designate such portion as “Confidential” or “Highly Confidential” by stamping or otherwise clearly marking as “Confidential” or “Highly Confidential” the protected portion in a manner that will not interfere with legibility or audibility and in accordance with any specifications subsequently agreed to by the Parties. 5. Any Party or the Producing Party or its counsel may designate deposition exhibits or portions of deposition transcripts as Confidential or Highly Confidential Discovery Material either by: (a) indicating on the record during the deposition that a question calls for Confidential or Highly Confidential information, in which case the reporter will bind the transcript of the designated testimony in a separate volume and mark it as “Confidential Information Governed by Protective Order” or “Highly Confidential Information Governed by Protective Order;” or (b) notifying the reporter and all counsel of record, in writing, within 30 days after a deposition has concluded, of the specific pages and lines of the transcript that are to be designated “Confidential” or “Highly Confidential,” in which case all counsel receiving the transcript will be responsible for marking the copies of the designated transcript in their possession or under their control as directed by the Producing Party or that person’s counsel. During the 30-day period following a deposition, all Parties will treat the entire deposition transcript as if it had been designated Highly Confidential.

' For the avoidance of doubt, nothing in this Order is an admission that the name or identity of any Confidential Witness is entitled to Highly Confidential treatment for the duration of the action. The parties reserve all rights to challenge the appropriateness of any confidentiality designation as set forth in this Protective Order. AMERICAS 114395920

6. If at any time before the termination of this action a Party or the Producing Party realizes that it should have designated as Confidential or Highly Confidential some portion(s) of Discovery Material that it previously produced without limitation, the Producing Party may so designate such material by notifying all Parties in writing. Thereafter, all persons subject to this Order will treat such designated portion(s) of the Discovery Material as Confidential or Highly Confidential, as the case may be. In addition, the Producing Party shall provide each other Party with replacement versions of such Discovery Material that bears the “Confidential” or “Highly Confidential” designation within two business days of providing such notice. 7. Nothing contained in this Order will be construed as: (a) a waiver by a Party or person of its right to object to any discovery request; (b) a waiver of any privilege or protection; or (c) a ruling regarding the admissibility at trial of any document, testimony, □□ □□□□□ evidence. 8. Where a Party or the Producing Party has designated Discovery Material as Confidential, other persons subject to this Order may disclose such information only to the following persons: (a) the Parties to this action, their insurers, and counsel to theirinsurers, (b) counsel retained specifically for this action, including any paralegal, clerical, or other assistant that such outside counsel employs and assigns to this matter; (c) outside vendors or service providers (such as copy-service providers and document-management consultants) that counsel hire and assign to this matter; AMERICAS 114395920

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IN RE TUFIN SOFTWARE TECHNOLOGIES LTD. SECURITIES LITIGATION, (S.D.N.Y. 2022).

IN RE TUFIN SOFTWARE TECHNOLOGIES LTD. SECURITIES LITIGATION (IN RE TUFIN SOFTWARE TECHNOLOGIES LTD. SECURITIES LITIGATION) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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