Today, at lunch, I shared with you information about my kaleidoscopic projection system, especially how I set up the bulbs and wired them to the device. This information is confidential (as described in our non-disclosure agreement) and this letter is intended to confirm disclosure. You may not prohibit the receiving party from disclosing information that is publicly known, legally from another source, or developed by the receiving party before meeting with you. Similarly, it is not illegal for the receiving party to disclose your secret with your permission. These legal exceptions exist with or without an agreement, but they are usually included in a contract to make it clear to everyone that this information is not considered a trade secret. In general, recipients of confidential information are subject to a confirmation obligation to keep the information confidential and not to disclose it to third parties, unless expressly authorized in the agreement. The recipient`s duty is often linked to a certain standard of care. For example, the agreement may require the recipient to maintain the confidentiality of the information with the same care that is used to protect its own confidential information, but no less than a reasonable level of diligence. Disclosing parties generally try to ensure that recipients are required to enter into downstream confidentiality agreements with third parties who are authorized to disclose confidential information at a later date. In such cases, the recipient or discloser may prefer that these third parties enter into separate confidentiality agreements directly with the discloser.

If your employees come into contact with information that would harm your business or organization if it were publicly available or competitors, and the information is not otherwise available, you should consider using a confidentiality agreement form to quickly obtain a non-disclosure agreement. Your relationship with the receiving party is usually defined by the agreement you sign. For example, an employment, license or investment contract. For a stranger, it may seem like you have a different relationship, for example a partnership or joint venture.B. It is possible for an unscrupulous company to try to capitalize on this look and make a deal with a third party. That is, the receiving party can claim to be your partner to get an advantage from a reseller or sublicense. .