Confidentiality Clause
Active
Confidentiality • Version 2.1 • ID: CL-004
Description
Standard confidentiality and non-disclosure terms for protecting sensitive information shared between parties.
Full Clause Text
This text can be inserted into contracts
The Receiving Party agrees to hold in strict confidence and not to disclose to any third party any Confidential Information received from the Disclosing Party, except as expressly permitted in writing by the Disclosing Party. The Receiving Party shall use the Confidential Information solely for the purpose of evaluating and engaging in discussions concerning a potential business relationship between the parties. The obligations set forth in this Section shall survive for a period of five (5) years from the date of disclosure of the Confidential Information.
Internal Notes
This clause has been reviewed and approved by the legal department. Use for all standard NDAs and confidentiality agreements.
Quick Stats
45
Times Used
2.1
Current Version
Confidentiality
Category