Illinois Confidentiality Agreement on Information About A Prospect

State:
Multi-State
Control #:
US-OG-197
Format:
Word; 
Rich Text
Instant download

Description

This form is used in connection with discussions between First Party and Second Party concerning First Party's potential acquisition of an interest in the prospect depicted on the plat attached to this Agreement as Exhibit "A". First Party is being furnished information which is either nonpublic, confidential, or proprietary in nature and which may include, but not necessarily limited to, geological and geophysical data, maps, models, interpretations, and commercial, contractual, and financial information.



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FAQ

One way to indicate confidentiality and sensitivity is to use labels on the letter and the envelope, such as "Confidential", "Personal", "Private", or "Sensitive". These labels should be placed on the top or bottom of the letter, and on the front or back of the envelope.

The 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.

I agree that: a) I shall not share this information, material or documents (information) with persons within or outside of the ________ who are not authorized to have this information. b) I shall not publish such information. c) I shall not communicate such information without authority. cmpa - confidentiality / non-disclosure agreement cmpa-acpm.ca ? risk-management-toolbox cmpa-acpm.ca ? risk-management-toolbox

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.

Conventional Language Used in the Past For example: "Your answers will be held in strict confidentiality and will be used only for the purposes of this study. The results will be reported in aggregate form only, and cannot be identified individually." Recommended Informed Consent Language for Data Sharing - ICPSR umich.edu ? pages ? conf-language umich.edu ? pages ? conf-language

Here is a common example: CONFIDENTIALITY NOTICE: This message and any accompanying documents contain information belonging to the sender which may be confidential and legally privileged. This information is only for the use of the individual or entity to which it was intended. Does including a confidentiality notice at the end of a message shield the ... doj.state.wi.us ? office-open-government doj.state.wi.us ? office-open-government

Examples of confidential information include a person's phone number and address, medical records, and social security. Companies also have confidential information such as financial records, trade secrets, customer information, and marketing strategies. Confidential Information | Definition, Types & Examples Study.com ? academy ? lesson ? confidential-in... Study.com ? academy ? lesson ? confidential-in...

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Illinois Confidentiality Agreement on Information About A Prospect