Waiver of Confidentiality Letter
Waiver of Confidentiality Letter
[YOUR NAME]
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
October 2, 2050
Jonathan Wilkins
Vice President
Altumax
Rochester, NY 14602
Subject: Waiver of Confidentiality Agreement
Dear Jonathan Wilkins,
This letter serves as a formal Waiver of Confidentiality Agreement (the "Agreement") between [YOUR COMPANY NAME], a California corporation, with its principal place of business located at [YOUR COMPANY ADDRESS] ("Disclosing Party"), and Altumax., a California corporation, with its principal place of business located at Rochester, NY 14602 ("Receiving Party").
1. Purpose
The purpose of this Agreement is to facilitate discussions and evaluations regarding a potential business transaction between the parties, including but not limited to a merger, acquisition, or partnership (the "Transaction"). In connection with this Transaction, the Disclosing Party may disclose certain confidential and proprietary information to the Receiving Party.
2. Waiver of Confidentiality
By signing this Agreement, the Receiving Party hereby waives any right to claim confidentiality over any information disclosed by the Disclosing Party during discussions related to the Transaction. The Receiving Party acknowledges that the information shared may include sensitive business data, financial information, trade secrets, and other proprietary materials (collectively referred to as "Confidential Information").
3. Use of Confidential Information
The Receiving Party agrees to use the Confidential Information solely for the purpose of evaluating the Transaction and will not disclose such information to any third parties without the prior written consent of the Disclosing Party.
4. Term of Agreement
This Agreement shall remain in effect until December 31, 2051, unless otherwise terminated in writing by either party.
5. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of California.
6. Acceptance
If you agree to the terms outlined in this Waiver of Confidentiality Agreement, please sign below and return a copy to the Disclosing Party.
Thank you for your attention to this matter. We look forward to the potential for collaboration.
Sincerely,
[YOUR NAME]
CEO
Accepted and Agreed:
Jonathan Wilkins
Vice President
