Confidentiality Clause In Agreements
To protect both parties – the disclosure and the recipient – in such cases, your secrecy should contain a clause recognizing that a legal obligation to disclose is not a breach of the agreement. Some parties prefer a fairly strict working method and require that information be confidential only if it is labelled as such (and, in addition, in the case of oral information, confidential information must be transmitted in writing and communicated within 30 days of the oral presentation to be covered by the confidentiality provision). I think a court should be wary of the real intention of the parties to adopt such rigour. Many companies are less formal….