Maryland Confidentiality Agreement on Information About A Prospect

State:
Multi-State
Control #:
US-OG-197
Format:
Word; 
Rich Text
Instant download

Description

This form is used in connection with discussions between First Party and Second Party concerning First Party's potential acquisition of an interest in the prospect depicted on the plat attached to this Agreement as Exhibit "A". First Party is being furnished information which is either nonpublic, confidential, or proprietary in nature and which may include, but not necessarily limited to, geological and geophysical data, maps, models, interpretations, and commercial, contractual, and financial information.



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FAQ

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.

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 ...

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.

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.

Example: Confidentiality Clause None of the parties shall disclose to any person or use for any purpose any confidential information of the other as a result of entering into this Agreement. This restriction shall continue to apply after the expiration or termination of this agreement without limit of time.

CONFIDENTIALITY LETTER & AGREEMENT 1. The undersigned agrees to hold all confidential or proprietary information or trade secrets [?information?] in trust and confidence and agrees that it shall be used only for the contemplated purpose, shall not be used for any other purpose or disclosed to any third party. 2.

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. This is stating the obvious.

Here are some examples of confidential information: Name, date of birth, age, sex, and address. Current contact details of family. Bank information. Medical history or records. Personal care issues. Service records and file progress notes. Personal goals. Assessments or reports.

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Maryland Confidentiality Agreement on Information About A Prospect