Confidentiality Release Form

Confidentiality Release Form Template for Austria

A legal document governed by Austrian law that formally releases specified parties from their confidentiality obligations regarding specific information. The document complies with Austrian civil law requirements and, where applicable, EU GDPR provisions. It provides a clear framework for releasing parties from existing confidentiality obligations while maintaining appropriate protections for any information that should remain confidential. The document includes specific provisions for identifying the scope of release, duration, and any remaining obligations under Austrian jurisdiction.

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What is a Confidentiality Release Form?

The Confidentiality Release Form is essential in business scenarios where parties need to be formally released from existing confidentiality obligations under Austrian law. This document is typically used when circumstances change in business relationships, during mergers and acquisitions, when employees transition between companies, or when confidential information needs to be disclosed to third parties. The form ensures compliance with Austrian civil law requirements and EU regulations, particularly the GDPR when personal data is involved. It provides legal certainty by clearly defining the scope of information being released, while potentially maintaining confidentiality for other information not covered by the release. The document is crucial for risk management and legal compliance in business operations where confidential information needs to be shared or released.

What sections should be included in a Confidentiality Release Form?

1. Parties: Identification of the party releasing confidential information and the party being released from confidentiality obligations

2. Background: Brief context of the existing confidentiality obligations and reason for the release

3. Definitions: Key terms including 'Confidential Information', 'Release Date', and scope of release

4. Scope of Release: Detailed description of what confidential information is being released from confidentiality obligations

5. Duration and Effect: Timeline of the release (immediate/future date) and whether it's temporary or permanent

6. Remaining Obligations: Specification of any confidentiality obligations that remain in effect

7. Declarations and Warranties: Statements confirming authority to grant release and understanding of consequences

8. Governing Law: Confirmation of Austrian law as governing law and jurisdiction

What sections are optional to include in a Confidentiality Release Form?

1. Third Party Rights: Include when the confidential information involves or affects third party rights

2. Data Protection Provisions: Include when the confidential information contains personal data under GDPR

3. Limited Purpose: Include when the release is granted for specific purposes only

4. Revocation Rights: Include when the release can be revoked under certain conditions

5. Indemnification: Include when one party needs to be protected against claims arising from the release

What schedules should be included in a Confidentiality Release Form?

1. Schedule 1 - Specified Confidential Information: Detailed list or description of the specific confidential information being released

2. Schedule 2 - Related Agreements: List of agreements containing the confidentiality obligations being released

3. Appendix A - Consent Forms: Any additional consent forms required from affected individuals (if personal data is involved)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

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Minor Travel And Medical Consent Form

An Austrian law-compliant form authorizing both travel and medical treatment for minors, meeting requirements of the Austrian Civil Code and EU regulations.

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Generate a Bespoke Document

Download a Standard Confidentiality Release Form

Review your own Confidentiality Release Form

What is a Confidentiality Release Form?

What sections should be included in a Confidentiality Release Form?

What sections are optional to include in a Confidentiality Release Form?

What schedules should be included in a Confidentiality Release Form?

Authors

Alex Denne

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