Vermont Confidentiality Agreement Between Consultant and Owner of Lease

State:
Multi-State
Control #:
US-OG-195
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the owner of an oil and gas lease, hires a Consultant to evaluate the leases for sale to a third party. It is the purpose of this Agreement to guarantee that the Proprietary Information furnished by Owner to Consultant shall remain confidential.
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FAQ

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.

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.

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. A confidential relationship means one or both parties has a duty not to share that information.

?Confidential Information? means any non-public information that relates to the actual or anticipated business and/or products, research or development of the Company, its affiliates or subsidiaries, or to the Company's, its affiliates' or subsidiaries' technical data, trade secrets, or know-how, including, but not ...

disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to others. An NDA may also be referred to as a confidentiality agreement.

Consultants often work with sensitive information, such as trade secrets, financial information, and client lists. Unsurprisingly, consultants are typically required to sign non-disclosure agreements (NDAs) that prevent them from disclosing confidential information.

Consultant shall hold confidential and proprietary information of third parties gained in the course of Company's business in the strictest confidence and shall not disclose it to any person, firm or company (except as to carry out the Company's business as consistent with Company's agreement with such third party) or ...

Related to Confidentiality Obligations of Consultant Confidentiality Obligations During the Term and at all times thereafter, neither party shall disclose Confidential Information of the other party or use such Confidential Information for any purpose without the prior written consent of such other party.

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Vermont Confidentiality Agreement Between Consultant and Owner of Lease