This form provides boilerplate contract clauses that establish a confidentiality obligation from the parties and outline what that confidentiality agreement will apply to under the terms contract agreement. Several different language options are provided to suit individual needs and circumstances, including permitted uses and unauthorized disclosures of confidential information.
Colorado Negotiating and Drafting Confidentiality Provisions
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FAQ
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."
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.
Hear this out loud PauseYour confidentiality agreement should clearly state what information is being shared, what obligations each party has concerning that information, how long those obligations last, what, if any, future obligations the parties have concerning the information, and what remedies are available if there is a breach of the ...
Hear this out loud PauseWhat should a confidentiality policy include? The policy should define confidential information, provide clear guidelines on handling such information, outline measures for protection, and specify disciplinary actions for breaches. It should also detail any exceptions and the process for authorized disclosures.
Hear this out loud PauseThe agreement will name the party or parties involved, the items subject to non-disclosure, the duration of the agreement and the obligations of the recipient(s) of confidential information.
While an NDA can't guarantee your information will remain confidential, it does provide assurance that the other party is legally bound to the terms of secrecy. Carefully negotiating an NDA will make the terms of the agreement clear to both parties so you can both work together with confidence.
Hear this out loud PauseThe agreement should identify the purpose to which the recipient can put the confidential information. All other uses of the confidential information should be prohibited. Sometimes a confidentiality agreement states that no rights are licensed by the confidentiality agreement. This is stating the obvious.
Your confidentiality agreement should clearly state what information is being shared, what obligations each party has concerning that information, how long those obligations last, what, if any, future obligations the parties have concerning the information, and what remedies are available if there is a breach of the ...