The contents, terms, and conditions of this Agreement must be kept confidential by Employee.Name and may only be disclosed to their accountant or attorneys or pursuant to subpoena or court order. Any breach of this confidentiality provision shall be deemed a material breach of this Agreement.
Confidentiality clauses protect sensitive information exchanged during the vendor relationship, such as proprietary data or business strategies. These clauses are essential for maintaining the integrity and confidentiality of business operations.
What is a confidentiality agreement? Confidentiality agreements protect parties entering into business relationships or transactions that require the exchange of sensitive, private information otherwise inaccessible to third parties. Confidential information is the heart of any confidentiality agreement.
28(3)(b) GDPR requires processors to ensure that individuals authorised to process personal data agree to maintain confidentiality unless they are already subject to an appropriate statutory obligation not to disclose confidential information.
Confidentiality agreements can run indefinitely, covering the parties' disclosures of confidential information at any time, or can terminate on a certain date or event. Whether or not the overall agreement has a definite term, the parties' nondisclosure obligations can be stated to survive for a set period.
A confidentiality agreement is intended to protect the trade secrets and other confidential information between two or more parties, such as you and your vendor.
“Confidential Information” means any information, technical data or know-how (whether disclosed before or after the date of this Agreement), including, but not limited to, information relating to business and product or service plans, financial projections, customer lists, business forecasts, sales and merchandising, ...
Examples of confidential information include a person's phone number and address, medical records, and social security. Companies also have confidential information such as financial records, trade secrets, customer information, and marketing strategies.