Confidentiality Agreement Between For Payment
Description
How to fill out Confidentiality Agreement (Between Parties Contemplating A Transaction)?
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FAQ
Example: Confidentiality Clause None of the parties shall disclose to any person or use for any purpose any confidential information of the other as a result of entering into this Agreement. This restriction shall continue to apply after the expiration or termination of this agreement without limit of time.
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.
Financial NDAs are used when confidential financial information needs to be disclosed between parties without the need for the confidential disclosure of other types of information. Financial non-disclosures can also be either unilateral or mutual.
A financial information non-disclosure agreement protects financial data from being shared. This is common when sharing sales data or information related to real estate prior to a sale. Although, this can be used for the sharing of protected financial information under any circumstance.
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."