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Utkarsh Bhatnagar (Student)     17 January 2014

Confidentiality clause

Hey!

I want to know the position of confidentiality clauses in a commercial contract beyond the term of the contract and kindly let me know the legal provision or recent case law describing such situation of confidentiality clauses beyond the term of commercial contract.

 

Thanks 

Utkarsh Bhatnagar

utkarsh1901@gmail.com

+91-8968182050



Learning

 1 Replies

Sunil S Nair (lawyer)     26 May 2014

This is one specimen of confidential clause for reference may give an idea,,

Confidential Information :

All the rights towards the Intellectual Property rights  parties acknowledge that, regardless of whom appears as the holder, Party on the First Part is the sole, exclusive and real owner of all the goods which the Party on the First Part acknowledges to be his sole ownership and inherent rights of the Agreement Designs (such as patents, distinctive signs, trademarks, commercial names, domain name, logotypes, designs, or any other characteristic artistic representation, copyrights, formulas, inventions, knowledge and industrial or commercial secrets, clientèle, goodwill, etc.).( Party on the First Part ) does not hereby transfer, cede, license or confer any rights to the Designer/ Advertiser( Party on the Second Part ) over the said intellectual property rights. Party on the Second Part uses work that is Royalty protected, Copyright proctected items relating to Intellectual property shall take prior permission in written from the above mentioned Designated authority in para no ( ) stating before them the true facts that Intellectual property or items so created  mentioned above of the same para is proctected under law and is reserved under someone else rights.


 

 


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