A Confidentiality Agreement is a formed legal agreement in between two parties, outlining any material, information or knowledge that needs to be kept confidential and concealed. With this kind of agreement, two persons or parties or a person and a party agree that they will not disclose the information covered in the contract. You can also see License Agreement Templates.
A confidentiality agreement is signed when two entities share their sensitive information and want each other to keep it a secret. After signing a contract, both the parties becomes legible to face court proceedings, in case they don’t abide by the terms and conditions of the agreement, and disclose the confidential information.
This kind of agreement protects any data that a party or individual shares with others. The data that needs to be protected can be anything from research data and financial data to business data and medical data. When you need to share your sensitive data with anyone, a confidentiality agreement can be used to keep it protected and secret.
If you work for your clients and they need to share some sensitive information with you to carry on the proceedings, it is your responsibility to not leak this information to others, and try your best to keep it private. Your clients may ask you to sign a client confidentiality agreement to safeguard their confidential information, and you should willingly do that at least to build trust and confidence.
Mediators and agents are accountable to respect the privacy of their clients and customers. Sometimes, businesses and individuals share their sensitive information with their agents and mediators, and trust them that they will not let it seep out. Signing a mediation and agency confidentiality agreement aims at safeguarding such information.
Celebrities want to keep their life as private as possible, but people and media are always on the lookout for little loopholes. Celebrities are commonly seen handing out confidentiality agreements to people in their lives as a way to keep their privacy, including their housekeepers, personal assistants, even relatives and friends. You can also see Agreement Templates.
A confidentiality agreement should contain details of both the parties involved, and mention the information that needs to be safeguarded. It should mention the clauses under which the information may be shared, and what will be its consequences. The language of the agreement should be understood by two parties, and should be easily legible and understandable. You may hire a legal expert to get the agreement made.
A confidentiality agreement is extremely important for safeguarding the privacy of your sensitive information. Different templates can be downloaded from here, which may be tailor made as per your needs, and used to maintain your secrecy all through. You can also see Basic Confidentiality Agreement.