A vendor confidentiality contract is produced between a business organization and an interested vendor party, who are planning to work with each other on some project. In such a contract, the vendor party is instructed to keep the project information & data secret.
Sample Vendor Confidentiality Contract:
Contract number: 543/ ER
Date: February 13th, 2011
This vendor confidentiality contract is made & entered between Sam Marketers Pvt. Ltd, Address; Office no:12/ G, 6th floor, Spencer Square, New York, America, hereinafter called as the vendor party.
Robinson Companies Pvt. Ltd, Address: Office No: 23, Slat Kale Society, Bakers Road, New York, America, hereinafter called as the Owner Party.
Whereas, the owner party is ready to commence the business as well as provide some hidden information of business strategies to the vendor party and the vendor party is agreed to the offered confidentiality clause.
This contract is commencing from February 14th, 2011 and is ending on February 14th, 2012.
Term & Conditions:
The vendor party can utilize the business strategies for official use only with the permission of the owner party.
Only the authorized person from the vendor party will review the business policies & sales strategies. The vendor party has to make sure that no secret information & data should be discussed with some third party.
Any kind of unsettled issue can breach this contract. In this case, a strict action can be taken against the offender party.
Acceptance of the Vendor Confidentiality contract:
Vendor Party: Owner Party:
Anna Smith David Ramsey