|
|
|
outlining the parties to the agreement; the definition of what is confidential, i.e. the information to be held confidential. Modern NDAs will typically include a laundry-list of types of items which are covered, including unpublished patent applications, know-how, schema, financial information, verbal representations, business strategies, etc; the exclusions from what must be kept confidential. Typically, the restrictions on use of the confidential data will be invalid if the recipient had prior knowledge of the materials; the recipient gained subsequent knowledge of the materials from another source; the materials are generally available to the public; or the materials are subject to a subpoena. In any case, a subpoena would more likely than not override a contract of any sort; provisions restricting the transfer of data in violation of national security; the term (in years) of the confidentiality, i.e. the time period of confidentiality; the term (in years) the agreement is binding; permission to obtain ex-parte injunctive relief; the obligations of the recipient regarding the confidential information, typically including some version of obligations: to use the information only for enumerated purposes; to disclose it only to persons with a need to know the information for those purposes; to use all the efforts (but not less than reasonable efforts) to keep the information secure that the recipient uses to keep its own similar information secure; and to ensure that anyone to whom the information is disclosed further abides by obligations restricting use, restricting disclosure, and ensuring security at least as protective as the agreement; and types of permissible disclosure - such as those required by law or court order. |
|
|
Copyright © 2005 lnda.com Powered by Engineer Partner |