Individuals and organizations prepare a confidentiality statement to safeguard their sensitive information. A confidentiality statement acts as legal binding between two or more parties who have partnered with each other. In this article, we have provided few examples of confidentiality statement.
Confidentiality statements, also known as non-disclosure agreements, are contracts which are prepared to safeguard the interests of an individual/company. These agreements ensure the protection of sensitive information.
Confidentiality agreements are used by individuals and entrepreneurs across the globe to protect sensitive information, such as inventions, business strategy, client database, compensation reports, etc. In case a company suffers loss or damage due to a breach of confidentiality agreement, it has the right to seek injunctive and claim compensation from the party who has breached the agreement.
Sample Confidentiality Agreement
This agreement is made on the ____________________, between: ______________________________________(company 1) Address: _______________________________________ _______________________________________________ & ________________________________________(company 2) Address: ________________________________________ ________________________________________________ ____________(company 1) has acquired information about the database of clients (hereinafter referred to as “information”) from _________(company 2). To safeguard the privacy of the clients, both parties have agreed to the following terms and conditions.
…………………………………..(company 1) …………………………………..(company 2) |
Date: Address: This agreement is legally binding contract between _______________(name 1), of _________________________________(address), and ________________(name 2), of ________________________________(address). The contract signifies a confidentiality agreement, and is initiated to safeguard the interest of ______________(name 1) and his client. Both parties agree to the following terms and conditions:
Signature: ______________________________________ ______________________________________________(name 1) Signature: ______________________________________ ______________________________________________(name 2) |