This document is a letter agreement for confidentiality. This document establishes an agreement that provides protection for an organisation where it needs to disclose confidential information to a service provider.
The agreement provides a definition of confidential information, stating that may be the type of information disclosed by a (potential) client to a service provider. It also contains a detailed definition of what constitutes information. Information covers the type of business information which a client might own, and might need to disclose to a service provider who is quoting on, or specifying, the services that will or might be provided.
The agreement provides ongoing protection of a client’s confidential information, even after the agreement is terminated (for whatever reason). The agreement also provides an indemnity, so that a client is able to seek damages from the service provider if that service provider breaches the obligations of confidentiality.
This document has been authored for Lexis Nexis by Brooke Pendlebury, Principal, Pendlebury Workplace Law.
This document is prepared with the assistance of Specialist Editor Murray Landis, Partner, K&L Gates.