Dear [Recipient's Name], I am writing to formalize our agreement regarding the confidential information shared between our organizations. This letter serves as a legal document to ensure the protection of confidential data and trade secrets. Please carefully review the terms outlined below. [Type 1: Non-Disclosure Agreement (NDA)] ā In this type of agreement, we agree not to disclose any confidential information shared during the course of our business relationship. This includes but is not limited to proprietary technology, trade secrets, financial information, customer data, and any other information that can be considered sensitive. [Type 2: Confidentiality Agreement] ā This agreement stipulates that all parties involved will treat shared information with utmost confidentiality and use it solely for the purpose specified by the agreement. It ensures that sensitive information does not fall into the wrong hands or get misused, jeopardizing the success and competitive edge of our organizations. The following terms form the foundation of our agreement: 1. Definition of Confidential Information: We define confidential information as any data disclosed by either party, whether oral, written, or electronic, marked as confidential, or should reasonably be understood as such. 2. Non-Disclosure and Non-Use: Both parties commit to maintaining the utmost confidentiality of the disclosed information. We will not disclose it to any third party without prior written consent, nor will we use it for any purpose other than what is explicitly stated in this agreement. 3. Exclusions: This agreement does not extend to information that is already publicly available, rightfully obtained from third parties without a confidentiality obligation, or independently developed by either party. 4. Duration: The obligations of this agreement shall commence upon the effective date and shall continue for a designated period, or until terminated by either party in writing. The termination will not affect the obligations related to any information disclosed before the termination date. 5. Security Measures: Both parties agree to take necessary precautions to protect confidential information. This may include implementing physical, technical, and administrative safeguards to prevent unauthorized access, theft, or loss of data. 6. Remedies: In the event of any breach or threatened breach of this agreement, the non-breaching party will be entitled to seek injunctive relief, as well as any other remedies available under applicable law. Please review this agreement carefully and signify your acceptance by signing and returning a copy to us within [specified timeframe]. If you have any questions or concerns, do not hesitate to reach out to us for clarification. Thank you for your attention to this matter. We look forward to a successful collaboration while upholding the integrity and security of our confidential information. Sincerely, [Your Name] [Your Title/Position] [Your Company/Organization Name] [Your Contact Information]
Para su conveniencia, debajo del texto en espaƱol le brindamos la versiĆ³n completa de este formulario en inglĆ©s. For your convenience, the complete English version of this form is attached below the Spanish version.