A confidentiality contract is made between the two interested entrepreneurs or companies in order to commence some business or hire some service by keeping the sensitive information confidential. Such a contract is based on the term & conditions to be followed and confidentiality covenants to keep the information secret.
Sample of Sample Confidentiality Contract:
Contract number: 890/ CC
Date: February 13th, 2011
This Confidentiality contract is made & entered between Eagle Sales Companies Pvt. Ltd, Address; Office no: 23, Emma Arcade, Spencer Road, Toronto, Canada, hereinafter called as the client party.
Harrison Software Solution Providers Pvt. Ltd, Address: Office No: 67, 4th floor, Sky High Buildings, Toronto, Canada, hereinafter called as the Software Party.
Whereas, the software party is ready to create the software codes at the offered fees for the client party and the client party is willing to employ the services of the software party.
This contract is commencing from February 14th, 2011 and is ending on February 14th, 2012.
Term & Conditions:
The software party will generate the software coding for the payroll system and will receive the timely payment from the client party.
The client party will pay $ 5000 for commencing the project, whereas $ 15000 will be paid for software preparation and $ 4500 per month for the maintenance of the payroll system.
The software party will keep the sensitive information of coding confidential and any kind of leakage of the sensitive information will be treated as a legal offence.
In case of any violation to the above mentioned term & conditions, this contract will be treated as cancelled.
Validation of the Confidentiality Contract:
Client Party: Software Party:
Anna Foster Jimmy Williams