This form brings together several boilerplate contract clauses that work together to establish a confidentiality obligation from the parties and outline what that confidentiality agreement will apply to under the terms contract agreement. Also incorporated are clauses regarding indemnity in the event of unauthorized disclosures of confidential information.
New York Confidentiality - Long-Form Provision
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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.
Common examples of confidential information are: Unpublished financial information. Data of Customers/Partners/Vendors. Patents, formulas or new technologies. Customer lists (existing and prospective) Data entrusted to our company by external parties. Pricing/marketing and other undisclosed strategies.
Employees are prohibited from sharing or disclosing sensitive information to unauthorized individuals or for unauthorized purposes. Employees are required to protect the confidentiality of sensitive information by using appropriate safeguards, such as password protection and secure storage of documents and data.
I agree that I will not disclose, disseminate, or publicize, or cause or permit to be disclosed, disseminated, or publicized, any of the terms of this Release or the fact that I have entered into this Release, to any person, corporation, association, government agency, or other entity, other than my spouse, legal ...
Identify the parties to be bound by the agreement. state the context and reasons for the agreement. define what information is considered confidential. set out the length of time over which the agreement is to be upheld.
I agree that I owe the Company and such third parties, during the term of my employment and thereafter, a duty to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation (except as necessary in carrying out my work for the Company ...
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.