Protect confidential information
Preventing unauthorized use and protecting the owner from harm are both reasons to keep information confidential. Maintaining trust is another important reason.
Konfidencialumo sutartis (Confidentiality agreement) - EN - 20181111
The confidentiality agreement is a legally binding contract that establishes the obligations and responsibilities of the parties involved in the agreement, typically referred to as the "Disclosing Party" and the "Receiving Party". The purpose of this agreement is to ensure that any sensitive information disclosed by the Disclosing Party to the Receiving Party remains confidential and is not shared or misused without prior consent.
The template outlines the definition of confidential information, which may include trade secrets, financial data, intellectual property, proprietary technology, customer information, and any other information that is not publicly available. It also includes provisions regarding the duration of the confidentiality obligations, restrictions on disclosure, and the consequences of a breach of the agreement.
Additionally, the template may address circumstances under which the Receiving Party may be required to disclose confidential information, such as in compliance with a court order or legal obligation. It may also provide for the return or destruction of confidential information upon termination of the agreement.
Overall, this legal template helps businesses and individuals establish a framework for protecting their confidential information, safeguarding their competitive advantage, and ensuring compliance with UK laws and regulations related to confidentiality.
Publisher
Ellex LithuaniaJurisdiction
LithuaniaRelevant Contract Types
🤐 Confidentiality Notice
A confidentiality notice is a document that sets out the terms of a confidential relationship between two parties. It sets out what information can be shared and under what conditions. The notice also sets out what happens if the information is shared outside of the terms of the notice.
🤫 Mutual NDA
A mutual NDA is an agreement between two parties where both parties agree not to disclose confidential information. The agreement is legally binding and can be enforceable in a court of law.
🤐 One Way NDA
A one-way non-disclosure agreement is a contract between two parties in which only one party is obligated to keep information confidential. This type of agreement is typically used when only one party has access to sensitive information, such as trade secrets or proprietary information. The party receiving the confidential information is typically bound by the terms of the agreement not to disclose it to anyone else.
Relevant Contract Types
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