Jacksonville Florida Confidentiality Agreement Related to Proposed Purchase of Corporate Business (Stock Purchase)

• Category: Confidentiality and Nondisclosure - Miscellaneous
• State: Multi-State
• City: Jacksonville
• Control #: US-0904BG
• Format: Word; Rich Text

Description

A confidentiality agreement is an agreement between at least two persons that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes. However, when access to the information is to be restricted from a third party a confidentiality clause is added in the contract. It is a contract through which the parties agree not to disclose information covered by the agreement. Confidentiality agreements are also known as non-disclosure agreements or secrecy agreements. Mostly they secure technical and commercial information from others. The use of confidentiality agreements can prevent the forfeiture of valuable patent rights. Confidentiality agreements define exactly what information can and cannot be disclosed.