Confidentiality - Long-Form Provision
Understanding this form
The Confidentiality - Long-Form Provision is a legal document designed to establish a clear confidentiality obligation between parties. This form articulates the types of information considered confidential and outlines the responsibilities of the parties to protect that information. Unlike shorter confidentiality agreements, this long-form provision covers a comprehensive range of clauses, including definitions, obligations, unauthorized disclosures, and indemnification policies, ensuring rigorous protection of sensitive information.
Key components of this form
- Definitions: Specifies what constitutes confidential information and includes exceptions.
- Obligation to Maintain Confidentiality: Outlines the recipient's duty to protect the confidential information.
- Unauthorized Use: Details the obligations if there is any unauthorized use or disclosure.
- Permitted Disclosees: Identifies who may access the confidential information under defined conditions.
- Indemnity: Establishes that the recipient will protect the company from any damages arising from breaches of confidentiality.
- Termination: Specifies the procedures for returning or destroying confidential information post-agreement.
When to use this document
This form should be used when two or more parties are engaged in discussions or collaborations that involve the sharing of sensitive or proprietary information. It is particularly useful in business negotiations, partnerships, or when hiring contractors who will have access to confidential data. Using this form can help prevent unauthorized disclosures and protect intellectual property.
Who this form is for
- Businesses looking to safeguard their proprietary information during negotiations.
- Freelancers or contractors who require access to confidential company data.
- Companies engaged in partnerships or collaborations involving sensitive information.
- Any individual or entity bound to confidentiality obligations in exchange for privileged information.
How to complete this form
- Identify all parties involved in the agreement and include their names and roles.
- Define the confidential information that will be protected under this agreement.
- Specify any exceptions to what is considered confidential information.
- Outline the obligations of each party regarding the handling of confidential information.
- Detail the procedures for dealing with unauthorized disclosures and the obligations for returning or destroying confidential information upon termination.
Is notarization required?
Notarization is generally not required for this form. However, certain states or situations might demand it. You can complete notarization online through US Legal Forms, powered by Notarize, using a verified video call available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to clearly define what constitutes confidential information.
- Not specifying the duration of the confidentiality obligations.
- Omitting the consequences of unauthorized disclosures.
- Not indicating the parties responsible for maintaining confidentiality.
Why use this form online
- Convenience: Easily download and fill out the form from anywhere.
- Editability: Tailor the document to specific needs without starting from scratch.
- Reliability: Use professionally drafted templates created by licensed attorneys.
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FAQ
2. Clearly label all confidential information as confidential. This means writing confidential on documents or any folder you keep them in. If you are sending an email, make sure the title clearly identifies it as confidential.
Identify each party in the first section of the form. The NDA form will start by declaring it to be an agreement and identifying who the agreement is between. Whoever is disclosing the information to be protected is the "disclosing party"; write his or her name on this space.
A confidentiality clause (also referred to as a nondisclosure agreement) is a legally binding contract where an individual or enterprise guarantees to deal with particular data as a commercial secret and guarantees to not disclose such information to others without correct authorization.
Use a standard format for contracts. Decide what type of confidentiality statement you should use. Identify the involved parties in the agreement. Define the information to keep confidential. List the information excluded from the agreement.
A definition of confidential information. Who is involved. Why the recipient knows the information. Exclusions or limits on confidential information. Receiving party's obligations. Time frame or term. Discloser to the recipient.
Therapist/patient confidentiality Sharing confidential information about a client with a family member or friend.Leaving your computer containing confidential information open to others. Continuing to work with a client when there's a conflict of interests (for example, they know one of your family members or friends)
Set the date of the agreement. Describe the two parties, sometimes called the Disclosing Party and the Receiving Party.7feff Include names and identification, so there can be no misunderstanding about who signed the agreement.
Depending on the complexity of what you need protected and the number of parties involved, the cost of having an NDA drafted can vary significantly. When you hire a lawyer in the Priori network, drafting an NDA typically costs anywhere from $175-$1,500.
