Waiver of confidentiality

A waiver of confidentiality clause allows parties to a contract to agree that certain confidential information can be disclosed under specified conditions, effectively lifting the obligation of confidentiality. This clause typically outlines the scope, purpose, and potential limitations of such disclosures to ensure mutual understanding and consent.

9 Waiver of confidentiality examples

  • Description
    A disclosure of Confidential Information by Consultant, either, (i) in response to a valid order by a court or other governmental body, (ii) otherwise required by law, or (iii) necessary to establish the rights of either party under this Agreement, shall not be considered a breach of this Agreement or a waiver of confidentiality for other purposes, provided, however, that Consultant shall provide prompt written notice thereof to Company to enable Company to seek a protective order or otherwise prevent such disclosure.
    Document
    Shuttle Pharmaceuticals Holdings, Inc. (SHPH)
  • Description
    You will be required to sign a waiver of confidentiality form that will allow us to conduct a third-party prescription drug screening at the time we process your application.
    Document
    LINCOLN NATIONAL VARIABLE ANNUITY ACCOUNT H
  • Description
    Consultant agrees not to communicate any information to Company in violation of the proprietary rights of any third party.   5.3Exclusions from Nondisclosure and Nonuse Obligations.  Consultant’s obligations under Section 5.2 do not apply to any Confidential Information that Consultant can demonstrate (a) was in the public domain at or subsequent to the time the Confidential Information was communicated to Consultant by Company through no fault of Consultant; (b) was rightfully in Consultant’s possession free of any obligation of confidence at or subsequent to the time the Confidential Information was communicated to Consultant by Company; or (c) was independently developed by employees of Consultant without use of, or reference to, any Confidential Information communicated to Consultant by Company.  A disclosure of any Confidential Information by Consultant (a) in response to a valid order by a court or other governmental body or (b) as otherwise required by law will not be considered to be a breach of this Agreement or a waiver of confidentiality for other purposes; provided, however, that Consultant provides prompt prior written notice thereof to Company to enable Company to seek a protective order or otherwise prevent the disclosure. Nothing in this Agreement will limit Consultant’s ability to provide truthful information to any government agency regarding potentially unlawful conduct.
    Document
    Histogen Inc.
  • Description
    Waiver of Confidentiality. The Borrower authorizes the Lender to discuss the Borrower’s financial affairs and business operations with any accountants, auditors, business consultants, or other professional advisors employed by the Borrower, and authorizes such parties to disclose to the Lender such financial and business information or reports (including management letters) concerning the Borrower as the Lender may request.
    Document
    STRYVE FOODS, INC. (SNAX, SNAXW)
  • Description
    9.7.    Waiver of Confidentiality. In the event that Licensee wishes to discuss with any Third Party service provider or former Sanofi employee that performed Development activities for the [***] certain Licensed Know-How or Other Data licensed hereunder which such Third Party service provider or former Sanofi employee had access to by virtue of an agreement with Sanofi, Sanofi will, promptly after Valo requests, provide such Third Party service provider or former Sanofi employee a letter waiving or modifying its confidentiality rights under the applicable agreement to permit such discussion.
    Document
    Khosla Ventures Acquisition Co.
  • Description
    WAIVER OF CONFIDENTIALITY OF BUSINESS ADDRESS. Borrower hereby waives any and all rights to keep the business address of Borrower confidential from Lender whether on file with the Department of Motor Vehicles or equivalent governmental agency. Borrower hereby authorizes Lender, its agents, successors, and/or assigns, to obtain the business address from any agency whenever Lender deems it has a legitimate need for this information.
    Document
    Chanson International Holding (CHSN)
  • Description
    The failure to appropriately mark information/materials as “confidential” or “proprietary” upon initial disclosure to the Receiving Party will not be considered a waiver of confidentiality. 
    Document
    FUELCELL ENERGY INC (FCEL, FCELB)
  • Description
    5. DISCLOSURE REQUIRED BY LAW A disclosure of Proprietary Information in response to a valid order by a court or other governmental body or otherwise required by law is not considered to be a breach of this Agreement or a waiver of confidentiality for other purposes.
    Document
    Miromatrix Medical Inc.
  • Description
    SECTION 11.9 Waiver of Confidentiality. Each of the SPV, the Servicer and the Originators hereby consents to the disclosure of any non-public information with respect to it received by the Agent, any Managing Agent, any Investor or any Administrator to any other Investor or potential Investor, any Managing Agent, any nationally recognized statistical rating organization rating a Conduit Investor’s Commercial Paper or otherwise in accordance with Rule 17g-5 of the Securities Exchange Act of 1934, any dealer or placement agent of or depositary for the Conduit Investor’s Commercial Paper, any Administrator, any Program Support Provider, any credit/financing provider to any Conduit Investor or any of such Person’s counsel or accountants in relation to this Agreement or any other Transaction Document if they agree to hold it confidential pursuant to a written agreement of confidentiality in form and substance reasonably satisfactory to the SPV. Subject to the foregoing, the Agent, the Managing Agents, the Investors, the Program Support Providers and the Administrators hereby agree to maintain the confidentiality of any non-public information.
    Document
    GREIF, INC (GEF, GEF-B)

What is a Waiver of Confidentiality?

A Waiver of Confidentiality is a legal document or provision that allows protected information to be disclosed to a third party. This waiver permits an entity or individual to release information that would otherwise be kept private due to confidentiality agreements. It effectively lifts the obligation of confidentiality, making it legal to share sensitive information.

When should I use a Waiver of Confidentiality?

A Waiver of Confidentiality should be used in situations where:

  • You need to share confidential information with third parties for a specific purpose, such as during investigations, collaborations, or to fulfill legal obligations.
  • The release of private information is necessary to protect the interests of other parties.
  • Disclosure is mandated by law or regulations, rendering confidentiality impractical.
  • Both parties have mutually agreed to end the confidentiality obligation to pursue new arrangements or opportunities.

How do I write a Waiver of Confidentiality?

When writing a Waiver of Confidentiality, consider including the following elements:

  1. Title: Clearly label the document as a Waiver of Confidentiality.

  2. Parties Involved: Identify the parties to the waiver, including who is waiving the right to confidentiality and who may receive the information.

  3. Scope of Information: Specify the type of information covered by the waiver.

  4. Purpose of Disclosure: Clearly state why the confidentiality is being waived and what will be done with the disclosed information.

  5. Duration: Define the period during which the waiver is in effect.

  6. Acknowledgment: Include a statement that acknowledges the loss of confidentiality protection upon signing.

  7. Signatures: Provide spaces for the involved parties to sign and date the document.

Example:

Waiver of Confidentiality

This Waiver of Confidentiality is entered into this [Date] by and between [Party A] and [Party B].

[Party A] agrees to waive the confidentiality of [specific information] for the sole purpose of [purpose].

This waiver is valid from [start date] to [end date].

By signing this waiver, [Party A] acknowledges the release of confidentiality protections associated with [specific information].

_______________ [Signature of Party A]

_______________ [Signature of Party B]

Which contracts typically contain a Waiver of Confidentiality?

Waivers of Confidentiality are commonly found in contracts such as:

  • Non-Disclosure Agreements (NDAs): To allow certain exceptions where information must be shared.
  • Settlement Agreements: To disclose information necessary for the resolution of disputes.
  • Collaborative Research Agreements: When sharing confidential data between institutions.
  • Employment Contracts: For releasing employee information under specific circumstances.
  • Healthcare Agreements: To permit sharing patient information under HIPAA regulations in certain cases.

Each context in which a waiver is used may require specific considerations tailored to industry standards and legal requirements.

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