This is a confidentiality agreement between a consultant and the company who has hired the consultant. It is the typical confidentiality agreement used when there are technology transactions.
Delaware Consultant Confidentiality Agreement for Use in Technology Transactions
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US-TC0307
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How to fill out Consultant Confidentiality Agreement For Use In Technology Transactions?
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The Employee agrees that he or she will not disclose to any person or entity, either directly or indirectly, the Confidential Information or Proprietary Data. Any use or disclosure of Confidential Information or Proprietary Data is cause for an action by the court of the State of [State] or a federal court.
A Delaware non-disclosure agreement is a legal contract that obligates one (1) or two (2) parties to prevent confidential information from reaching the hands of a third (3rd) party or competing business.
Such agreements fulfill two fundamental purposes. They limit the use of information deemed confidential by a counterparty in a transaction, where often the counterparty may be a direct competitor or someone who could benefit economically from unfettered use of confidential information.
All Confidential Information of a party shall remain the exclusive property of such party, and no right, title or interest in or to any of the Confidential Information or any material developed therefrom is transferred to the recipient party hereby or by its delivery to the recipient party hereunder.
A confidentiality agreement for due diligence purpose is an agreement between two or more parties to keep something confidential for the purpose of due diligence.
Generally, a due diligence clause will provide a buyer with a time limit to undertake searches on the property and land and a general right to terminate the contract if these searches are not satisfactory to the buyer.
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.
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.