A confidentiality clause prohibits certain parts of an agreement from disclosing confidential information. The purpose of this clause is to discourage the theft of intellectual property. With Rocket Lawyer, you can establish a free confidentiality agreement. Legal fees are often overlooked in poorly crafted agreements. Without them, the dominant parties are liable for their own legal fees, which are likely to represent a heavy financial burden and, therefore, a deterrent effect on the application of their rights. 18. Survival. The confidentiality requirements, agreements, agreements and compensation obligations of this agreement are maintained beyond any termination of this agreement. 16. Full agreement, amendment. This agreement (i) constitutes the parties` full understanding and agreement with respect to the issues contained in it and (ii) may only be amended, amended or repealed by a separate act, exported by the recipient and the party who has filed a public deed that has expressly amended, amended or waived that agreement. 3.
Non-disclosure of confidential information. The recipient uses confidential information only for the purpose of evaluating the potential transaction. The recipient undertakes to maintain confidential information in trust and trust for a period of three (3) years from the date of execution. The recipient does everything in its power to keep confidential information confidential and does not transmit any of the confidential information to another person, provided that the recipient can provide confidential information to the recipient`s representatives who must know it for the purposes of evaluating the potential transaction and who agree to keep it confidential. The recipient will not disclose or authorize this confidential information and the recipient is solely responsible for anyone who receives confidential information from the recipient or by the recipient`s representatives. The recipient cannot, in any other way, allow this confidential information to be available or accessible, stored electronically or otherwise, published, distributed, transmitted or communicated in any form to third parties. Without limitation of these obligations, all confidential information is protected with the utmost care in order to avoid disclosure and, where possible, is kept flawless and virus-free. The recipient must not admit or allow this confidential information to be deliberately or negligently misused or used by the recipient or the recipient`s representatives for his own benefit or for the good of others (directly or indirectly through independent research, reversal, decompilation or other means) for one`s own benefit or for the benefit of others, except in the context of discussions and meetings between the revealing party and the recipient of acts or acts that results or are related to it.