North Dakota Letter Agreement with Potential Joint Venture Party in Acquisition, As to Confidentiality and Noncompetition

State:
Multi-State
Control #:
US-OG-201
Format:
Word; 
Rich Text
Instant download

Description

This form is a letter agreement for confidentiality, nonuse and nondisclosure of information related to the proposed acquisition of certain oil and gas properties. This forms also contains a non-compete agreement.
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  • Preview Letter Agreement with Potential Joint Venture Party in Acquisition, As to Confidentiality and Noncompetition
  • Preview Letter Agreement with Potential Joint Venture Party in Acquisition, As to Confidentiality and Noncompetition
  • Preview Letter Agreement with Potential Joint Venture Party in Acquisition, As to Confidentiality and Noncompetition
  • Preview Letter Agreement with Potential Joint Venture Party in Acquisition, As to Confidentiality and Noncompetition

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FAQ

Confidentiality Clause - Sample 02 The parties to this Agreement agree that each shall treat as confidential all information provided by a party to the others regarding such party's business and operations, including without limitation the investment activities or holdings of the Fund.

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.

North Dakota law broadly prohibits non-compete and non-solicitation provisions in contracts, particularly between employer and employee, but also for anyone entering into such an agreement outside of the employment context.

I therefore agree: 1. To hold all confidential information in trust and strict confidence and agree that it shall be used only for the purposes required to fulfill employment obligations, and shall not be used for any other purpose, or disclosed to any third party. 2.

Ingly, to protect the Confidential Information that will be disclosed during employment, the Employee agrees as follows: Employee will hold the Confidential Information received from [Company Name] in strict confidence and will exercise a reasonable degree of care to prevent disclosure to others.

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.

How to write a Joint Venture Agreement Establish the details of the joint venture. Add information about your industry, location, and which type of venture you'll form. ... Describe the members of the joint venture. ... Set terms for business management. ... Set terms to help avoid or manage disputes.

What are examples of Confidential Information? 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.

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North Dakota Letter Agreement with Potential Joint Venture Party in Acquisition, As to Confidentiality and Noncompetition