Whether or not the overall agreement has a definite term, the parties' nondisclosure obligations can be stated to survive for a set period. Survival periods of one to five years are typical. The term often depends on the type of information involved and how quickly the information changes.
I agree that: a) I shall not share this information, material or documents (information) with persons within or outside of the ________ who are not authorized to have this information. b) I shall not publish such information. c) I shall not communicate such information without authority.
I understand that any information concerning the identities and information shared by people participating in project-related focus groups, individual interviews, or other needs assessment activities is to be kept confidential at all times.
“The Receiving Party agrees to maintain the confidentiality of the Disclosing Party's Proprietary Information for a period of five (5) years from the date of disclosure, unless such information becomes publicly available through no fault of the Receiving Party or as required by law.”
This Nondisclosure Agreement (the "Agreement") is entered into by and between _______________, with its principal offices at _______________ ("Disclosing Party"), and _______________, with its principal offices at _______________ ("Receiving Party"), for the purpose of preventing unauthorized disclosure of Confidential ...
A confidentiality agreement should include the names and addresses of the parties to the contract. Consider also including: Reason for the agreement: Explain why you're sharing this information. The information disclosed: Be specific about the subject matter and what exactly is included in the agreement.
I agree that I owe the Company and such third parties, during the term of my employment and thereafter, a duty to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation (except as necessary in carrying out my work for the Company ...
Typically, a legal professional writing the NDA will complete these steps: Step 1 - Describe the scope. Which information is considered confidential? ... Step 2 - Detail party obligations. Step 3 - Note potential exclusions. Step 4 - Set the term. Step 5 - Spell out consequences.
If you've forgotten to send an NDA, promptly and professionally ask them to sign a retroactive NDA. Be sure to adjust NDA phrasing and language ingly, to accommodate retroactive consumption of sensitive information.