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Confidentiality Agreement Wording
"I need a Confidentiality Agreement Wording for a technology startup sharing sensitive AI algorithms with potential investors, with special emphasis on data protection and intellectual property rights, to be effective from March 2025."
1. Parties: Identification of the disclosing and receiving parties, including legal names and addresses
2. Background: Brief context explaining why the agreement is being entered into
3. Definitions: Key terms used in the agreement, especially 'Confidential Information'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information
5. Obligations of Receiving Party: Core confidentiality obligations and permitted uses of information
6. Term and Termination: Duration of the agreement and termination provisions
7. Return of Confidential Information: Requirements for returning or destroying confidential information
8. Governing Law: Specification of applicable jurisdiction and law
1. Non-Solicitation: Prevents poaching of employees or customers - use when protecting business relationships is crucial
2. Non-Competition: Restricts competitive activities - use when sharing highly sensitive business information
3. Publicity: Controls public announcements about the relationship - use when public disclosure could impact either party
4. Insurance Requirements: Specifies required insurance coverage - use when sharing highly sensitive or valuable information
1. Schedule of Specific Confidential Information: Detailed list of specific confidential materials or information
2. Schedule of Authorized Representatives: List of individuals authorized to receive confidential information
3. Schedule of Security Protocols: Specific security measures required for handling information
4. Schedule of Excluded Information: List of information specifically excluded from confidentiality obligations
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Confidentiality Agreement Wording
A U.S.-governed legal agreement establishing confidentiality obligations between parties sharing sensitive information.
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