Kentucky Customer Confidentiality Agreement

State:
Multi-State
Control #:
US-CP0609AM
Format:
Word; 
Rich Text
Instant download

Description

Confidentiality agreements, also known as nondisclosure agreements, ensure that proprietary information disclosed by one party will be kept secret by another party. Such agreements are often the only method to ensure that companies keep trade secrets, allowing both parties to acknowledge that a duty of confidentiality exists, defining the scope of the duty and spelling out the possible remedies or sanctions associated with the breach of the duty.

How to fill out Customer Confidentiality Agreement?

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FAQ

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.

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.

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.

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.

The confidentiality policy should include: Definitions and examples of what constitutes confidential information, such as unpublished financial data, customer lists, and proprietary business processes.

I am not permitted to access, view, and alter (change) confidential information unless I have received authorization as required to complete my job responsibilities, and that I will access, view, and alter (change) only the confidential information records needed to perform those job duties.

Besides naming all parties to the NDA, five essential elements every NDA should include are: Description Of The Confidential Information. ... Requirements And Obligations Of The Parties. ... Exclusions To The Confidentiality Agreement. ... Term Of The Non-Disclosure Agreement. ... Consequences Of Breach Of The NDA.

You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.

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Kentucky Customer Confidentiality Agreement