A confidential treatment requested agreement outlines the request for confidential treatment of certain information. The applicant of this agreement may bring forward a desire for keeping certain important information as confidential which may otherwise become public. These agreements are signed with the mutual consent of both the parties signing the agreement and mostly these agreements are requested by the developers of some industrial technology or any other party who possesses some valuable or confidential information.
The major clauses of such agreements generally include information like factual and legal analysis substantiating the confidential treatment requests, a representation of the confidentiality of the information and the duration for which the agreement is effective. Such agreements also have a drawback that the confidential treatment request is not granted to any information which specifically needs disclosure as per the security rules & laws, or for the information which is any sort of material to the investors.
Confidential Treatment Requested Agreement
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