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PRIVILEGED AND CONFIDENTIAL
EXECUTION VERSION
CLEAN TEAM AND JOINT Defense AGREEMENT
6 March 2024
THIS AGREEMENT is made on __
BETWEEN:
(1)VIRGIN MONEY UK PLC, a company incorporated in England (registered
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What is clean team agreement?
A clean team agreement is a legal document that establishes protocols for sharing confidential information among parties in a transaction while ensuring compliance with regulatory standards.
Who is required to file clean team agreement?
Parties involved in a merger, acquisition, or any other significant transaction that requires sharing sensitive data are generally required to file a clean team agreement.
How to fill out clean team agreement?
To fill out a clean team agreement, parties must identify the scope of information to be shared, designate clean team members, outline confidentiality obligations, and establish procedures for data handling.
What is the purpose of clean team agreement?
The purpose of a clean team agreement is to protect sensitive information during transactions and ensure that it is shared only under controlled conditions to prevent breaches of confidentiality.
What information must be reported on clean team agreement?
Information reported on a clean team agreement typically includes the identities of the parties involved, types of confidential information being shared, and specific guidelines for information handling.
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