A company and a contractor are negotiating a possible transaction. The contractor has requested information concerning the business of the company. As a condition of the contractor being furnished with the requested information, the contractor agrees to treat such information as being confidential and the information will be used solely for the purpose of evaluating the tentative transaction between the parties.
Confidentiality Disclosure Agreement In Clinical Research In Travis
State:
Multi-State
County:
Travis
Control #:
US-00457
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
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.
A Confidentiality Disclosure Agreement (CDA) is designed to protect the confidential information that may be released between a project Sponsor and the faculty and staff of UAB for the purposes of determining whether or not to enter into a subsequent agreement for either a clinical trial (CTA) or research agreement.
Confidentiality: Prevention of disclosure, to other than authorized individuals, of a sponsor's proprietary information or of a subject's identity. Direct Access: Permission to examine, analyze, verify, and reproduce any records and reports that are important to evaluation of a clinical trial.
This legal agreement governs the disclosure of confidential or proprietary information as it relates to a clinical research study. Sponsors will often require an executed CDA in order to release the study protocol.
In academic research confidentiality agreements are frequently used between researchers and members of their research team (e.g. translators, transcribers, student employees) who may be privy to confidential and/or sensitive information as part of their role in a research project.
Definition: An NDA allows a party to communicate nonpublic information to another. A CDA allows multiple parties to handle information with utmost secrecy.
Typically, a legal professional writing the NDA will complete these steps: Step 1 - Describe the scope. Which information is considered confidential? ... Step 2 - Detail party obligations. Step 3 - Note potential exclusions. Step 4 - Set the term. Step 5 - Spell out consequences.
Make sure to include the confidential information you need to protect under the agreement, including business secrets, financial information, and customer data. The agreement should also specify the parties involved, including the disclosing and the receiving parties.
A confidentiality agreement—also called a "nondisclosure agreement" or "NDA"—is a legally binding contract where a person or business promises to treat specific information as a trade secret and promises not to disclose the secret to others without proper authorization.
