Why use Confidentiality Agreements?

Confidentiality Agreements (also known as NDAs) are used in corporate and commercial transactions as a preliminary agreement to enable parties to disclose confidential information prior to them discussing the main transaction. By first entering into an NDA, the parties can exchange confidential information with each other with the assurance that, if the negotiations on the main transaction break down, the confidential information which has been disclosed will be protected by a legally enforceable agreement.

Which provisions of this NDA might require negotiation?

There are several provisions of this NDA which the potential recipient of the confidential information may find difficult to accept. These include: non-solicitation covenants restricting the recipient from soliciting the disclosing party’s employees a contractual indemnity for breach of the confidentiality obligations the duration of the agreement The explanatory guidance notes which accompany the document explain how these provisions might be negotiated between the parties to achieve a more balanced position between them.

A comprehensive NDA, in the form of an agreement, for the mutual disclosure of confidential information and for use in general business transactions and joint ventures. It ensures equal protection for both parties’ confidential information Use this document: for general business transactions or joint ventures where both parties will disclose confidential information for a longer form NDA with strong legal protections for the discloser of information Key features include: 17 clauses over 9 pages definitions of Confidential Information and Proposed Transaction confidentiality obligations authorised recipients of Confidential Information circumstances permitting compulsory disclosure procedure for returning Confidential Information to its owner prohibition on poaching each other’s employees contractual indemnity for confidentiality breaches duration of agreement Alternative Confidentiality Agreements For a shorter form of mutual confidentiality agreement, see NDA: mutual (short) . For forms of confidentiality agreement where only one party will disclose confidential information see NDA: one way (long) and NDA: one way (short) . More information about Confidentiality Agreements (NDAs) About Confidentiality Agreements Related Articles Non-Disclosure Agreements: Friend or Foe? Common issues that occur when negotiating NDAs and how to avoid them What you should include in non-disclosure agreements Add To Cart

Confidentiality Agreement/NDA: Mutual - Long

Name: Confidentiality Agreement/NDA: Mutual - Long - Paper Rock Docs
SKU: NDA001.001
Price: 25.00 GBP
Availability: InStock

Description

A comprehensive NDA, in the form of an agreement, for the mutual disclosure of confidential information and for use in general business transactions and joint ventures. It ensures equal protection for both parties’ confidential information

Use this document:

for general business transactions or joint ventures
where both parties will disclose confidential information
for a longer form NDA with strong legal protections for the discloser of information

Key features include:

17 clauses over 9 pages
definitions of Confidential Information and Proposed Transaction
confidentiality obligations
authorised recipients of Confidential Information
circumstances permitting compulsory disclosure
procedure for returning Confidential Information to its owner
prohibition on poaching each other’s employees
contractual indemnity for confidentiality breaches
duration of agreement

Alternative Confidentiality Agreements

For a shorter form of mutual confidentiality agreement, see NDA: mutual (short). For forms of confidentiality agreement where only one party will disclose confidential information see NDA: one way (long) and NDA: one way (short).

More information about Confidentiality Agreements (NDAs)

About Confidentiality Agreements

Related Articles

Non-Disclosure Agreements: Friend or Foe?

Common issues that occur when negotiating NDAs and how to avoid them

What you should include in non-disclosure agreements

Add To Cart

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Confidentiality Agreement/NDA: Mutual – Long

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