A confidentiality agreement or non-disclosure agreement (NDA) is an agreement between two parties that is entered into in circumstances where either or both will disclose confidential information during the course of their relationship.
It is generally recommended that the agreement be entered into prior to any confidential information being disclosed. This confidentiality agreement is a mutual confidentiality agreement, which means both the parties entering into the contract agree not to disclose any confidential information provided to them by the other.
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the types of confidential information to be protected;
the term of the agreement;
the obligations of the parties to the confidentiality
agreement;
when the confidentiality obligations apply;
how notices are to be delivered under the confidentiality
agreement; and
how to resolve disputes arising from a breach of the
agreement.
The document is 6 pages long and contains 8 clauses and 1
schedule.
If your confidentiality matters are more complex, a LegalVision
lawyer can help you draft the following clauses:
a more detailed description of specific information that will
be deemed confidential;
a sophisticated damages clause;
a sophisticated indemnities clause;
a clause setting out the parties’ obligations on termination;
and
an assignment clause.
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We have assisted over 250,000 businesses.
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