There are some new GDPR requirements that apply directly to data processors, those who process the personal data under the direction of a data controller. The Regulation decrees that certain clauses must be included in a contract that sets out the relationship between the controller and the processor.
Personal Data means any information relating to an identified or identifiable living individual as more particularly set out in the Data Protection Law. Representatives means: anyone to whom the Commissioner agrees in writing that Confidential Information may be disclosed in connection with the Secondment Activity.
The principles of handling personal data must be clearly defined in a GDPR confidentiality agreement. A non-disclosure agreement regarding personal data should be able to have the following definitions: Personal data must be processed lawfully and fairly and in a manner that is comprehensible to the data subjects.
Also known as a confidentiality agreement, this is is a legal contract by which two parties agree to share confidential information. A one-way NDA ('unilateral') is one person is sharing information, as compared to a two-way agreement ('bilateral') where both parties have information to share.
This Covenant Not to Compete and Non-Disclosure Agreement is executed upon initial employment or upon the EMPLOYEE's advancement with NIKE and is a condition of such employment or advancement.
“Confidential and or proprietary Information” shall mean and include any information disclosed by one Party (Disclosing Party) to the other (Receiving Party) either directly or indirectly, in writing, orally, by inspection of tangible objects (including, without limitation, documents, prototypes, samples, media, ...
In a unilateral NDA, one party agrees not to reveal confidential information. In a mutual NDA, both sides agree that they will not share confidential information. In all other aspects, these two types of confidentiality agreements are identical, especially when it comes to enforcement and the consequences of a breach.
Non-Disclosure Agreements (NDAs) as well as Proprietary Information Agreements (PIAs) and Confidentiality Agreements (CAs) are synonymous terms for legal contracts that protect and govern the exchange of confidential or proprietary information.
Five other key features must be included in your NDA to ensure it's legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.