Confidentiality provisions in contracts

It stands out to be an integral element particularly in reseller agreements, license, technology, employment contracts, etc… The key objective behind including this clause is to ascertain that both the parties involved in the agreement will maintain secrecy and high levels of confidentiality. Notwithstanding anything herein or in the Confidentiality Agreement, Acquiror may issue such press releases or make such other public statements regarding this Agreement or the transactions contemplated hereby as Acquiror may, in its reasonable discretion, determine. Company Information Restrictions on use. The provisions of this Section X shall survive Closing or any early termination of this Agreement. If any dispute arises as to the necessity of any publication or disclosure for the purpose of the Contract the same shall be referred to the Purchaser whose determination shall be final.

Notwithstanding the foregoing, all information shall be deemed to be proprietary and treated as confidential if it A has been reduced to writing and marked clearly and conspicuously with a legend identifying its proprietary or confidential nature, or B is such other information which the parties agree in writing is confidential and a trade secret In order to seek legal help with respect to confidentiality clause, it is advised to connect with either corporate lawyer or legal consultant in Delhi, Mumbai , Chennai, Bangalore, Hyderabad , Pune, Goa, Kolkata , Ahmadabad, Gurgaon and Noida. Absent such a clear indication, a duty of confidentiality may exist if, in light of the circumstances of the case, it would be contrary to the general Principle of good faith and fair dealing to disclose information which one party has received from the other or to use it for own purposes once the negotiations are terminated or broken off. As per the Indian law, confidentiality clause or non disclosure clause in a contract bounds two or more parties or all the involved parties to ensure and agree that specific type of information that is furnished by one party or all the parties will remain confidential. It is understood and agreed that, with respect to any provision of this Agreement which refers to the termination of this Agreement and the return of the Deposit to Buyer, such Deposit shall not be returned to Buyer unless and until Buyer has fulfilled its obligation to return to Seller the materials described in the preceding sentence. Subject to the duties of the Adviser, the Trust and the Subadviser to comply with applicable law, including any demand of any regulatory or taxing authority having jurisdiction, the parties hereto shall treat as confidential and shall not disclose any and all information pertaining to the Fund and the actions of the Subadviser, the Adviser and the Fund in respect thereof; except to the extent:. All current and former employees and contractors of the Company and any other third party having access to Confidential Information have executed and delivered to the Company a written legally binding agreement sufficient to protect such Confidential Information.

The Buyer hereby undertakes to cause such Third Party to agree to be bound by the conditions and restrictions set forth in this Clause X with respect to the disclosed Clause, Technical Data or Software Services and will in particular cause such Third Party to enter into a confidentiality agreement with the Seller and appropriate licensing conditions, and to commit to use the Technical Data solely for the purpose of maintaining the Buyer's Aircraft and the Software Services exclusively for processing the Buyer's data. In case Confidential Information is required to be disclosed by the Receiving Party by virtue of a court order or statutory duty, the Receiving Party shall be allowed to do so, provided that it shall, without delay, inform the Disclosing Party in writing of receipt of such order or coming into existence of such duty and enable the Disclosing Party reasonably to seek protection against such order or duty. Agreement to share information It is appropriate to stipulate that employees will receive confidential information on a need-to-know basis only, which makes it easier for the disclosing party to question unnecessary internal disclosures and require a higher level of care. The Company and Exar also agree that unless and until a final definitive agreement between Exar and the Company has been executed and delivered, neither Exar nor the Company will be under any legal obligation of any kind whatsoever with respect to such a transaction by virtue of this Agreement except for the matters specifically agreed to herein. No Party will make any public announcement regarding the existence of this Agreement without the other Parties' prior written approval and consent.

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Trusted By. In no event shall either party or its affiliates or any of their respective directors, officers, employees, agents or representatives including, without limitation, RBCCM have any liability to other party relating to or arising out of any use of the Confidential Information in accordance with this Agreement. Standstills; Confidentiality Agreement The Company shall enforce, and shall not release or permit the release of any person from, or amend, waive, terminate or modify, and shall not permit the amendment, waiver, termination or modification of, any provision of, any confidentiality or similar agreement or provision to which the Company or any of its Subsidiaries is a party or under which the Company or any of its Subsidiaries has any rights in each case, unless the Company Board determines in good faith, after consultation with its outside legal counsel, that taking or failing to take such action, as the case may be, would be inconsistent with its fiduciary obligations under applicable Law A waiver or consent given by either party on any one occasion is effective only in that instance and will not be construed as a bar to or waiver of any right on any other occasion. To the extent that the Consultant may know any confidential information pursuant to this Agreement, all Confidential Information shall remain the sole property of the Company.
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Confidentiality Consultant will not, either during the Term of this Agreement or thereafter, disclose, use or make known for its or another's benefit, any confidential information, knowledge, or data of Manager in any way acquired or used by Consultant during its engagement by Manager. Assistance is available by posting your legal need at the premier marketplace for legal services, UpCounsel. Customer therefore agrees to hold such Material and documentation information in confidence Confidentiality The Parties shall treat the terms and conditions of the New Agreement and the Coal Prices determined pursuant to the New Agreement as confidential and proprietary information. In consideration of the mutual covenants and conditions contained herein, to induce the parties hereto to provide certain information to each other and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties to this Agreement do hereby agree as follows:. Under section 2. The severability provision permits the rest of an agreement to remain intact even when a court discovers any particular provision of the agreement is invalid or unenforceable.
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I understand that my unauthorized use or disclosure of Company Confidential Information during my employment will lead to disciplinary action, up to and including immediate termination and legal action by the Company. If the receiving party i. A confidentiality agreement is a legally binding contract between two or more parties, often an employer and employee, in which at least one of the parties agrees not to disclose certain information. This web site is designed for general information only. The foregoing shall not be applicable to any information that is publicly available when provided or thereafter becomes publicly available other than through a breach of this Agreement, or that is required to be disclosed by or to any bank examiner of the Custodian or any Subcustodian, any Regulatory Authority, any auditor of the parties hereto, or by judicial or administrative process or otherwise by Applicable Law.
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Information disclosed shall at all times remain the property of the disclosing party. Confidentiality The Parties hereto and their employees, agents, representatives and counsel shall treat the terms and conditions under this Contract and any its supplementary agreements as business secrets and shall not disclose the information to any third party unless upon consent of the other party. India cities:. A confidentiality clause will often state something like, "The phrases and circumstances of this Agreement are confidential between the parties and shall not be disclosed to anybody else. Will not be disclosed in writing or lowered to writing and so marked with an applicable confidentiality information within thirty 30 days of disclosure.
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For a period of one year from the date of this Agreement, neither party will directly solicit the employment of any officer or employee of the other party or its affiliates without the prior written consent of such other party. If any provision of this Agreement is invalid or unenforceable, then such provision shall be construed and limited to the extent necessary, or severed if necessary, in order to eliminate such invalidity or unenforceability, and the other provisions of this Agreement shall not be affected thereby. A Mutual Confidentiality Agreement is often used to trade confidential data. Many companies are less formal. Information of Purchaser Seller shall not reproduce or disclose any information, knowledge, or data of Purchaser that Seller may receive from Purchaser or have access to, including proprietary or confidentiality information of Purchaser or of others when in possession of Purchaser hereinafter Purchaser Information , without the prior consent of Purchaser
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Confidentiality provisions in contracts:

Rating: 98 / 100
Overall: 65 Rates