Common use of Confidentiality Clause in Contracts

Confidentiality. For all transports, there is a confidentiality obligation that strictly prohibits the LSP from disclosing any information that becomes known to him in the course of the order execution, to third parties. In Connection to this, the LSP is also liable for all vicarious agents. In the event of unauthorized disclosure of information to third parties, a contractual penalty regardless of fault in the amount of € 10,000, - which is excluded from the judge`s mitigation right - becomes due. The principal expressly reserves the right to assert further damage.

Appears in 4 contracts

Samples: www.fercam.com, www.spedition-hein.com, www.fercam.com