What is an NDA called in Europe?
Non-disclosure agreements (NDAs), otherwise called confidentiality agreements, are private contracts through which valuable information is kept safe. These agreements can be very useful for researchers and organisations involved in R&D projects, whether it is at national or European level.
What is considered proprietary information?
Material and information relating to or associated with a company's products, business, or activities, including but not limited to financial information; data or statements; trade secrets; product research and development; existing and future product designs and performance specifications; marketing plans or ...
Is a PIA the same as an NDA?
A non-disclosure agreement (NDA), also sometimes referred to as a confidential disclosure agreement (CDA) or a proprietary information agreement (PIA), is a legal contract between at least two parties which outlines confidential materials or knowledge.
Is a confidentiality agreement an NDA?
NDA vs confidentiality agreement: What is the difference? A confidentiality agreement binds all parties to keep secret information confidential, while an NDA upholds secrecy by creating a confidential relationship between the parties who sign it.
What determines proprietary information?
“Proprietary Information” shall mean information (whether now existing or hereafter created or acquired) developed, created, or discovered by the Company, or which became known by, or was conveyed to the Company, which has commercial value in the Company's business.
What qualifies as proprietary information?
Material and information relating to or associated with a company's products, business, or activities, including but not limited to financial information; data or statements; trade secrets; product research and development; existing and future product designs and performance specifications; marketing plans or ...
What are some examples of confidential and proprietary information?
“Proprietary and Confidential Information” includes know-how, trade secrets, client lists, supplier lists, referral source lists, computer software or data of any sort developed or compiled by the Seller, algorithms, source or other computer code, requirements and specifications, procedures, security practices, ...
What are the three types of NDA?
There are three types of NDAs: unilateral, bilateral, and multilateral.
Is proprietary information always confidential?
All trade secrets and confidential information are also company proprietary information, but proprietary information may also include information that is not secret in any way, such as copyrighted information and the subject matter of patents.
What is not considered Confidential Information?
Non-Confidential Information means solely such information that, and to the extent it: (i) was known publicly, or was known by the Receiving Party without obligation of confidentiality or non-disclosure, at the time such Property was provided, disclosed, or made available or accessible by the Disclosing Party to, or ...