Oregon 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

It is illegal for employers to require workers to enter into a nondisclosure agreement that would stop you from disclosing or discussing discriminatory conduct prohibited by ORS 659A. 030, 659A. 082, and 659A. 112.

In Case of Danger In order to prevent a violent act, such as a suicide, a professional can reveal information that is normally protected by professional secrecy. The professional must believe that a person, or an identifiable group of people, is at imminent risk of death or serious injury.

Exceptions to Confidentiality ? Confidentiality agreements usually exclude certain information, which doesn't amount to a breach of the confidentiality clause. Some of the exception clauses are: ? Information that is in the public domain. ? Information that the disclosing party disclosed before signing the agreement.

NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information.

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.

Introduction of parties. In this agreement, the employer ?gets? the employee's promise not to disclose secrets, and the employee ?gets? employment (or continuing employment) from the company. It is best if the agreement is signed prior to the commencement of employment.

A Confidential Disclosure Agreement [(CDA), also referred to as non-disclosure agreement (NDA) or secrecy agreement, is a legal agreement between a minimum of two parties which outlines information the parties wish to share with one another for certain evaluation purposes, but wish to restrict from wider use and ...

Exceptions to Obligation of Con?dentiality. Some common exceptions include information that is or becomes public through no act of the recipient, information that was already in the possession of the recipient as of the date of disclosure, and information that is disclosed by court order.

Exclusions to NDAs This includes any information that may be widely known or considered public knowledge, though there may be a discrepancy around how this is defined. This also includes information that becomes publicly known at no fault to the recipient of the NDA.

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.

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Oregon Confidentiality Agreement on Information About A Prospect