North Carolina Confidential Information Exchange Agreement between Software Developer and Receiver Distributor is a legally binding contract that outlines the terms and conditions under which confidential information is shared between the parties involved. This agreement is essential to protect the proprietary and sensitive data of the software developer, ensuring that the receiver distributor does not improperly use, disclose, or exploit the confidential information provided. Key terms covered in the North Carolina Confidential Information Exchange Agreement may include: 1. Definition of confidential information: This section clearly defines the scope of information considered confidential, which typically includes trade secrets, proprietary software code, business plans, financial information, customer lists, marketing strategies, and any other sensitive data that requires protection. 2. Purpose: The agreement outlines the purpose for which the confidential information is being shared, such as evaluation for potential distribution, collaboration, or any other mutually agreed-upon goal. 3. Obligations of the Receiver Distributor: The agreement sets forth the responsibilities and obligations of the receiver distributor, which primarily include safeguarding the confidential information from unauthorized access, disclosure, or use. It may also specify restrictions on sharing the information with third parties without prior written consent. 4. Permitted use: This section outlines the specific purposes for which the receiver distributor may use the confidential information, such as internal evaluation, testing, or determining the feasibility of distributing the software. 5. Ownership and return of confidential information: The agreement clarifies that the software developer retains full ownership of the shared confidential information. It also establishes the obligation for the receiver distributor to return or destroy the information upon request or termination of the agreement. 6. Non-disclosure and non-use: This clause prohibits the receiver distributor from disclosing the confidential information to anyone outside the necessity of the agreement or using the information for any purposes other than those specified. 7. Remedies and breach of agreement: The agreement may outline the remedies available to the software developer in case of a breach, including injunctive relief and monetary damages. There are various specific types of North Carolina Confidential Information Exchange Agreements tailored to different situations, such as: 1. Evaluation Agreement: An agreement used when the receiver distributor is evaluating the software for potential distribution or licensing. 2. Collaboration Agreement: Used when both parties are collaborating on the development, improvement, or customization of the software, and confidential information needs to be shared for such purposes. 3. Licensing Agreement: When the receiver distributor is granted rights to distribute the software in exchange for certain considerations, a licensing agreement with specific confidentiality provisions may be needed. Overall, the North Carolina Confidential Information Exchange Agreement safeguards the interests and intellectual property of the software developer while facilitating a secure exchange of sensitive information between the parties. It ensures that the confidential information remains confidential and is used solely for the agreed-upon purposes, contributing to a trusted business relationship.
North Carolina Confidential Information Exchange Agreement between Software Developer and Receiver Distributor
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Confidential information is personal information shared with only a few people for a designated purpose. The person who is receiving the information from you, the receiver, generally cannot take advantage and use your information for their personal gain, such as giving the information out to unauthorized third parties.
Confidential Information includes the fact that it has been provided by Disclosing Party, the fact that the parties are discussing the Purpose(s), and may in particular include, without limitation, pricing, technical and business data, product specifications, illustrations or other visuals, financial data and plans, ...
Personal data: Social Security Number, date of birth, marital status, and mailing address. Job application data: resume, background checks, and interview notes. Employment information: employment contract, pay rate, bonuses, and benefits.
?Confidential Information? means any information that is proprietary or unique to the Company and that is disclosed by the Company to the Recipient during the term of this Agreement, including the following: trade secret information; matters of a technical nature such as processes, devices, techniques, data and ...
What are examples of Confidential Information? Examples of confidential information include a person's phone number and address, medical records, and social security. Companies also have confidential information such as financial records, trade secrets, customer information, and marketing strategies.
Disclosures are generally allowed under the following circumstances, and should be done in ance with state law and your employer's policies and procedures. Consulting with other practitioners. ... Court or disciplinary actions. ... Dangerous clients. ... Abused or abusive clients.
Confidential information is information disclosed by one party to another in any way that is designated as confidential. It can be communicated directly, indirectly, orally, in written form or by inspection of tangible objects like documents, prototypes, samples, production plants and equipment.
1.2 ?Confidential Information? means information furnished by the disclosing party, whether orally, in writing, electronically, in other tangible form or format, or through or by observation, and identified as confidential or proprietary or otherwise disclosed in a manner such that a reasonable person would understand ...