What is this Confidentiality Agreement for?
This Confidentiality Agreement template is for two parties who are interested in working together to develop a new idea or new product. It is similar to our document A 104, but a formal contract rather than in the form of a letter.
What are the main issues?
First, identify the purpose of the agreement and the nature of confidential information.
The agreement may then limit disclosure to certain individuals and/or professional advisers, all of whom should be subject to nondisclosure obligations.
What happens if the negotiations come to an end and/or one of the parties wants to terminate? This needs to be covered.
Ongoing obligations following termination will be needed as well as clauses to deal with the risk of a breach and, ultimately, the possibility of legal action.
What detailed terms does the contract contain?
The main points cover:
- confidentiality
- disclosure
- copies of confidential material
- return of material
- withdrawal
- breach
- warranty
- obligation
- use of confidential material
- indemnity
- relief
- obligations remaining in effect
- assignation
- jurisdiction
For more information on each of these sections, see our Explanatory Notes which you will receive when you download the document from our website.
For information on signing documents see our Contract Signing page
When I download the document, can I change it and/or use it more than once?
Yes, all ContractStore’s templates are in MS Word and you can use the contract on more than one project. For more information, watch the video on this page of our website or see our FAQs
Legal support
ContractStore supplies templates and is not a law firm. But experienced lawyers have written all our templates, so we can arrange legal assistance for customers who need special terms in one of our documents or a bespoke template. For more information see our Legal Services page.
Contract Author – Giles Dixon an English solicitor with wide commercial contract experience.
If you want to contact us see our Contacts page.
If you have any questions about a contract and/or want to see the Explanatory Notes before you buy, please let us know by using our contact form
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