Rhode Island 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

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. What should a confidentiality agreement cover? business.qld.gov.au ? ip-kit ? browse-ip-topics business.qld.gov.au ? ip-kit ? browse-ip-topics

Upon signing this agreement, [insert name of the receiving party] agrees not to use any sensitive, privileged, or confidential information disclosed to them by [insert your name or business name] for any purpose other than the intended use as would be relevant to the relationship entered into by the parties. Confidentiality Agreement | LGM Advisors lgmadvisors.com.au ? uploads ? 2016/11 lgmadvisors.com.au ? uploads ? 2016/11

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.

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." Confidentiality Clause Sample: Everything You Need to Know upcounsel.com ? confidentiality-clause-sample upcounsel.com ? confidentiality-clause-sample

Contents Parties to the agreement. Identification of what information is confidential. Time frame of the agreement. Return of the information. Obligations of the recipient. Remedies for breaches of agreement. Other clauses.

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 Confidentiality Agreement (+ Free Template) onboardmeetings.com ? blog ? confidentiali... onboardmeetings.com ? blog ? confidentiali...

Detailed five essential elements that every confidentiality agreement should include. 1) What information is considered confidential? ... 2) Exceptions to confidentiality. ... 3) Obligations/Requirements of signees. ... 4) Consequences of breaking the confidentiality agreement. ... 5) Length of the agreement.

The agreement will name the party or parties involved, the items subject to non-disclosure, the duration of the agreement and the obligations of the recipient(s) of confidential information.

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Rhode Island Confidentiality Agreement on Information About A Prospect