A Confidentiality Agreement allows you and another party to share confidential information while legally forbidding the other party from disclosing that information to any other person or entity.
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A Confidentiality Agreement is a legal document that you can use to disclose confidential information to another party, while legally forbidding the other party from disclosing that information to any person or entity. This document is only enforceable if it is signed by you and the other party, therefore it is crucial that it is signed before you share any confidential information.
This form allows the user to select either a mutual (multilateral) Confidentiality Agreement (meaning both parties are bound to protect any confidential information disclosed), or a one-way Confidentiality Agreement (if only one party is to be bound by the agreement).
Use this Confidentiality Agreement if:
- You would like to disclose confidential information
- You would like to stop confidential information from falling into the wrong hands; and
- You would like to protect the confidential information of one party.
What does the Confidentiality Agreement cover?
- A description of the confidential information;
- Confidential rights and obligations of the parties;
- Protection of sensitive information;
- Return of confidential information at the end of the agreement;
- Obligations regarding proper use of the information; and
- Circumstances where disclosure is permitted.
Other names for Confidentiality Agreement include:
- Non-Disclosure Agreement; and
- Gag Order