When drafting a confidential agreement, you must indicate the purpose for which confidential information is communicated to the receiving party. This is also called “eligible purpose.” The purpose of disclosing information must be legitimate and for special reasons. They should describe as clearly as possible the purpose of the disclosure, for example. B for the purpose of reviewing a joint venture between the parties. Protect the privacy of business information with this unilateral confidentiality agreement (NDA). This document, also known as a confidentiality agreement, provides protection when a company wants to share information with another company, but must ensure that the information does not go further. This NOA allows you to get to know each other better so that you can decide whether you want to enter into a longer contract or partnership. This confidentiality agreement, dated [date] (the “date”) governs the disclosure of information by [the company`s name] (the “company”) to [the recipient] (the “recipient”) for the purposes of investigating a potential business relationship (the “purpose”). 3.1. The confidentiality clauses in this Agreement apply to the termination of this Agreement and the recipient`s obligation to keep confidential information confidential will remain in effect until the confidential information is no longer considered a trade secret until the confidential information is no longer confidential or until the Discloser terminates the recipient in writing. , depending on what happens in the first place.
A unilateral confidentiality agreement (or unilateral confidentiality agreement) involves situations in which only one party discloses confidential information and receives a party. It is a legal contract that protects the party who discloses confidential information and imposes restrictions on the party receiving it. The recipient party in this agreement is not liable in the event of a breach of information if the information is known: (a) the recipient prior to disclosure; (b) were discovered or created by the receiving party prior to disclosure by the revealing party; (c) obtained by a third party who is not a party to an agreement on the part of the publication and who does not in any way violate the laws or contractual obligations (d) the obligation, by law or court order, to disclose this information to the receiving party before signing an agreement by the revealing party. 7.2. Exclusive agreement. The agreement contains the full, exclusive and definitive declaration of the agreement between the parties on the purpose of this agreement and replaces all prior and simultaneous agreements, agreements, negotiations and discussions between the parties on this subject, whether orally or in writing. 4.1. Any violation or threat of violation by the recipient of a provision of this contract is, because of the singularity of the confidential information disclosed to the recipient as a means of transmission, causes irreparable harm to the discloser and, in addition to any other remedy available to the discloser, the discloser will entitle the recipient`s special performance of the obligations under that agreement and another exemption which may be granted by the discloser.