This form is used when an Owner owns and possesses proprietary information which includes, but is not limited to: data, know how, formulas, processes, designs, sketches, photographs, plans, drawings, specifications, samples, reports, customer lists, price lists, studies, findings, formulas, inventions, ideas, etc. User desires to obtain and make use of the Information with the understanding that the trade secret, confidential, and proprietary status of the Information is to be maintained.
Connecticut Nondisclosure Agreement Concerning Information Furnished to User
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Multi-State
Control #:
US-OG-194
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Word;
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You may disclose any such confidential information only to Your employees, officers and directors who need to know such information in order to perform their respective duties; provided that each such person has a legal or contractual obligation to maintain the confidentiality of such information.
Unauthorized Disclosure of Confidential Information means the disclosure by the Participant without the written consent of the Board or a person authorized thereby, to any person other than as required by law or court order, or other than to an authorized employee of the Employer or an Affiliate, or to a person to whom
Introduction. Confidentiality agreements, also known as Non-Disclosure Agreements ("NDA"), are designed to protect crucial and commercially sensitive business information, for example, manufacturing processes, secret recipes, customer lists, know-how, ideas, business plans and technical data.
Confidential informationoverviewcommercial records such as price lists, customer lists, details of customers, suppliers, business partners and relationships with regulators or other third parties.unpublished copyright works.More items...
Confidential information is generally defined as information disclosed to an individual employee or known to that employee as a consequence of the employee's employment at a company. This information isn't generally known outside the company or is protected by law.
disclosure agreement may be unilateral, that is, one person is bound by the obligation to keep a secret, or it may be mutual, in which both parties have an obligation to keep the secrets of the other disclosing party. As in all contracts, both parties must receive a benefit; this benefit is called consideration.
Examples of confidential data include:Social Security Numbers.Credit Card Numbers.Health Records.Financial Records.Student Records.
Exceptions to Confidentiality ObligationsExceptions to Confidentiality Obligations.Exceptions to Confidential Information.General Confidentiality.Cooperation; Confidentiality.Duration of Confidentiality.Noncompetition and Confidentiality.Access to Information; Confidentiality.Waiver of Confidentiality.More items...
Confidential Information also includes any notes, analyses, compilations, studies or other material or documents prepared by the recipient party which contain, reflect or are based, in whole or in part, on the Confidential Information.
It is based around the principle that a person who has received information in confidence should not use or disclose that information without permission. The unauthorised use or disclosure of confidential information may give rise to an action for breach of confidence.