Nda Confidentiality Clause Modification

Summary

If you need to modify an NDA clause to protect confidential information you dont own, use language indicating possession rather than ownership. For example, state that you are in possession of certain confidential and proprietary information. This ensures the confidentiality is maintained without claiming ownership. Consult a contract attorney for specific advice.

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How can I repurpose this statement in an NDA if I don't necessarily own the information being shared but it is confidential "WHEREAS, XX are respectively the owners of certain confidential and proprietary information, hereinafter referred to as “Confidential Information” as more fully defined below";
****, you can modify the statement to reflect that you are not the owner but still need to protect the confidentiality. You could use:
"WHEREAS, XX are in possession of certain confidential and proprietary information, hereinafter referred to as 'Confidential Information', as more fully defined below;"
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