Is the confidentiality agreement signed between the parent company and its subsidiary valid?

It is effective for the parent company to sign a confidentiality agreement with its subsidiaries. A confidentiality agreement is a legal document that stipulates the confidentiality obligations and responsibilities between the signatories. If the parent company and its subsidiaries sign a confidentiality agreement, then both parties are obliged to abide by the provisions in the agreement and ensure that confidential information will not be leaked or abused. The signing of confidentiality agreement is valid for both parent company and subsidiary company.