Agreement of Business Confidentiality

 

Agreement of Business Confidentiality


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This Confidentiality Agreement is made on _______________(date) between the First Party

___________________ (Company) operating at ________________________ (name,

address) and ___________________ (Contact) operating at ________________________

( name, address).

WHEREAS the Company ____________________________ (Describe Nature of Business)

WHEREAS the Contact ___________________________ (Describe Nature of Business)

Purpose: [Company name] and [Contact name] will be entering into discussions involving

[Company name]’s development and operation, which require [Company name] to disclose

confidential information to [Contact name] on an ongoing basis. This agreement’s purpose is

to ensure confidentiality and to prevent [Contact name] from disclosing such confidential

information.

Throughout this agreement, the term “confidential information” will refer to any information

related to [Company name] that is generally not known to any third parties, and is owned by

[Company name.

NOW THIS AGREEMENT WITNESSES AS UNDER:

  1. Not to disclose discussions with [Company name] except when required by law, Not to

use any confidential information in any way other than for authorized purposes, To maintain

confidentiality at all times unless expressly written permission is received from [Company

name], That upon dissolution, all records related to [Company name] will be returned

  1. The agreement will be made for a time period of _________________ (years) , i.e. from (

date) to (date).

  1. The conditions stated above shall not apply when specific information:

_____________________ (Describe Exceptions)

  1. Both parties understand that confidential information is owned by [Company name] and

any disclosure of such to [Contact name] does not convey any manner of license, title or

right to this information and may not appropriate any portion of it for unauthorized uses.

The terms of this agreement shall be governed by and construed in accordance with the

laws of (____)

IN WITNESS WHEREOF, this has been executed and delivered as of the date first written

above.

 

NOW, THEREFORE, in consideration of the above stated points, both the parties

acknowledge this and agree as follows:

_________________________

Signature (Company)

_________________________

Date and Place

_________________________

Signature (Contact)

_________________________

Date and Place

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