Define: Non-Confidential Information

How is Non-Confidential Information defined in a legal contract?

• Non-Confidential Information means information that falls under any of these categories: it becomes part of the public domain through no fault of the party receiving the information; it was rightly known to the receiving party before its disclosure; it was independently developed by the receiving party; it is learned from a third party not subject to confidentiality obligations to the disclosing party; or it is required to be disclosed under a suitable [number] or court order, provided that the receiving party gives prompt written notice and assistance to the disclosing party before such disclosure. Seen in 11 SEC filings
• Non-Confidential Information means all information which has entered the public domain, except otherwise specified information. Seen in 3 SEC filings
• Non-Confidential Information means any information that is public knowledge, freely known by the receiving party, developed independently by the receiving party, acquired from a third party not bound by non-disclosure, or the development, creation, or discovery of any [property] by the receiving party independently without referencing to other confidential information or technology from the disclosing party. Information that the receiving party acquires from a third party besides under a confidentiality agreement is also considered non-confidential. Seen in 3 SEC filings
• Non-Confidential Information means Information that is in possession of either party and is not considered confidential or has ceased to be confidential. Seen in 2 SEC filings
• Non-Confidential Information means any information which becomes widely available to the public other than as a result of disclosure by the lender or its representatives; or becomes available on a non-confidential basis from a source other than the company or one of its agents, or was known to the lender without confidentiality prior to its disclosure by the company or its agents. Seen in 2 SEC filings

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Non-Confidential Information means information known to the public or disclosed under [governing law] without breaching any confidentiality obligations.

Relevant Contract Types

• Non-Disclosure Agreement
• Partnership Agreement
• Employment Agreement
• Software License Agreement

Relevant Circumstances

• Business mergers or acquisitions
• Formation of partnerships
• Hiring of new employees
• Licensing of software or other intellectual property

Relevant Sectors

• Finance
• Technology
• Healthcare
• Engineering

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Genie Definition 2

• Non-Confidential Information means information rightly known to or independently developed by [organization] prior to its disclosure.

Relevant Contract Type

• Intellectual Property Agreement
• Partnership Agreement
• Franchise Agreement

Relevant Circumstances

• Transfer of intellectual property rights
• Establishment of franchises
• Initiation of partnerships

Relevant Sectors

• Technology
• Retail
• Education

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Genie Definition 3

• Non-Confidential Information means information acquired from a third party not bound by non-disclosure.

Relevant Contract Type

• Third-Party Agreement
• Supplier Agreement

Relevant Circumstances

• Engagement of suppliers or vendors
• Engaging with third-party service providers

Relevant Sectors

• Supply Chain
• Manufacturing
• Logistics

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