Description and usage
Confidentiality Undertaking Letter Template This Confidentiality Undertaking is in the form of a short letter from a company interested in developing a product that the addressee of the letter has brought to it. There are six numbered paragraphs covering - definitions
- disclosure of information
- timeframe
- return of confidential material
- breach of confidentiality
- governing law
The company makes a promise that it will keep all discussions regarding the new product confidential during a specified period, at the end of which they will either enter into a development agreement or bring the discussions to an end and return all confidential data that has been provided. You need this document if you are a company looking to develop a product owned by another party, and want to maintain the confidentiality of information exchanged. What's in it? - See detailed Explanatory Notes below
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