Agreed Settlement With Confidentiality Clause
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FAQ
For example, if Client A signs a settlement agreement with Defendant B that says Client A can affirmatively acknowledge the settlement occurred and who Defendant B is, but she cannot disclose the $400,000 settlement amount, she must not say or acknowledge to anyone outside of her attorneys and opposing attorneys the ...
In some cases, the opposing party will add a confidentiality clause that restricts our client from affirmatively stating there was a settlement, who it was with, or how much was awarded in compensation for the alleged negligence.
A typical confidentiality clause might say, "The phrases and circumstances of this Agreement are completely confidential between the parties and shall not be disclosed to anybody else. Any disclosure in violation shall be deemed a breach of this Agreement."
A confidentiality agreement should include a clear definition of the confidential information, scope of the agreement, obligations of the receiving party, the duration of the contract, any exceptions to confidentiality, and the consequences of a breach of the contract.
Settlement Agreement Confidentiality Clauses That the employee must not disclose any legitimate trade secrets or any information they have come into possession of as a result of working for the employer, to any third parties.
