Business Definition for: Confidentiality Agreement
an agreement whereby an organization that has access to information about the affairs of another organization makes an undertaking to treat the information as private and confidential. A potential buyer of a company who requires further information in the process of due diligence may be asked to sign a confidentiality agreement stating that the information will only be used for the purpose of deciding whether to go ahead with the deal and will only be disclosed to employees involved in the negotiations. Such agreements are also used where information is shared in the context of a partnership or benchmarking program.
Knowledge the lifeblood of any company. The purpose of this confidentiality agreement is to preserve your investment in creating proprietary information. Because the laws on this subject vary from state to state, you should have any confidentiality agreement reviewed by an attorney. Start off with this one, but make sure...
This is a template for confidentiality agreement between firms. Confidentiality agreement is a legal contract between at least two parties that outlines confidential materials or knowledge the parties wish to share with one another for certain purposes, but wish to restrict from generalized use. In other words, it is a...
Confidentiality of information is vital for all the organizations whether small, medium, or large. This is a template which can be used as non-disclosure and confidentiality agreement. A Non-Disclosure Agreement NDA is a legal contract between at least two parties that outlines confidential materials or knowledge the parties wish to...
Confidentiality of information is vital for all the organizations whether small, medium, or large. Every organization will expect their employees to maintain confidentiality of the organizations in which they work. This is a template which can be used as employee confidentiality and non-compete agreement. A non-compete clause, or Covenant Not...
IRVINE, Calif. -- Meade Instruments Corp. (Nasdaq:MEAD) announced that it has entered into a Confidentiality Agreement with Hummingbird Management, LLC or its affiliates ("Hummingbird"), pursuant to which Hummingbird will be provided certain observation rights concerning the business and operations of the company commencing in March 2006. All confidential information provided...
There are numerous instances where you may want to share confidential information with another party. But the key to doing so safely is making sure that the other party has already been bound to respect the confidential information you provide them and not use the information to your detriment. One...
MINNEAPOLIS -- August Technology Corporation (NASDAQ:AUGT) announced today that it continues to await signing of an acceptable confidentiality agreement by Rudolph Technologies, Inc. (NASDAQ:RTEC) and therefore is not engaged in any discussions with Rudolph. Under the terms of August Technology's Merger Agreement with Nanometrics Incorporated, August Technology is prohibited from...
GLENDALE, Calif. -- Public Storage, Inc. (NYSE:PSA) (PCX:PSA) announced today that it has entered a confidentiality agreement with Shurgard Storage Centers, Inc. (NYSE:SHU). The agreement will allow Public Storage to participate in Shurgard's process of exploring its strategic alternatives, including a possible business combination with Public Storage. Pursuant to the...
TUCSON, Ariz. -- Ventana Medical Systems, Inc. (NASDAQ: VMSI), the global leader in tissue-based cancer diagnostics, today announced it has entered into a confidentiality agreement with Roche. The agreement will allow Roche to commence due diligence and have appropriate access to non-public information regarding Ventana to better understand the Company's...
Comcast hasn't signed AT&T's confidentiality agreement yet, but possible rivals have. "Multiple parties" have signed confidentiality agreements to look at the internal financial information of AT&T Broadband, which Comcast has ... Comcast hasn't signed AT&T's confidentiality agreement yet, but possible rivals have. "Multiple...
SEATTLE -- Shurgard Storage Centers, Inc. (NYSE:SHU), a leading self-storage real estate investment trust REIT in the United States and Europe, today announced that as part of its search for strategic alternatives, it has signed confidentiality agreements with several interested parties, including Public Storage, Inc., which previously made an unsolicited...
OAKLAND, Calif. -- Cost Plus, Inc. (NASDAQ:CPWM) today confirmed that it had executed a Confidentiality and Standstill Agreement with Red Mountain Capital Partners LLC, pursuant to which it would be providing current non-public information about the Company. Red Mountain is a 9.8% shareholder of Cost Plus and had previously expressed...
SANTA MONICA, Calif. -- Mossimo, Inc. (NASDAQ: MOSS) announced that on April 21, 2006 it signed a mutual confidentiality agreement with Cherokee, Inc. to allow both parties access to non-public information in the interest of evaluating Cherokee's unsolicited April 17, 2006 proposal to acquire all the outstanding shares of Mossimo...
The Mutual Nondisclosure Agreement is an agreement whereby two parties agree to maintain the confidentiality of information that they share in the context of business discussions or negotiations.
As the drafters of the Administrative Dispute Resolution Act (5 U.S.C. §§571-584) (see Appendix 2 for relevant sections of the Act) explicitly recognized, protecting sensitive Dispute Resolution DR communications is critical to successful agency use of alternative means of dispute resolution ADR. Confidentiality enhances participants' frank and open communications in,...
Are you concerned about confidentiality? Do you worry that an employee might share your trade secrets with other people or with your competition? If so, you might consider a confidential information agreement. Here is template given for confidential information agreement.
Following Congress' failure to enact patient confidentiality legislation by the August deadline, the U.S. Department of Health and Human Services has drafted proposed confidentiality regulations, as required under the Health Insurance Portability and Following Congress' failure to enact patient confidentiality legislation by the August deadline,...
Merck & Co., Inc. develops, manufactures, and markets innovative products to improve human and animal health. Merck ships confidential documents regarding its late-stage clinical drug trials to physicians around the country during the trials' course. Merck relies on the physicians to protect the documents' confidentiality after delivery. Merck evaluated Microsoft...