Confidentiality Agreements go a long way in helping to protect business ideas, assets, trade secrets and information of proprietary value from unauthorized use or disclosure by another. This is particularly important when we willingly share information with others, whether it’s to explore a possible joint-venture or for assistance in bringing ideas to market. While no agreement is foolproof (otherwise, we wouldn’t have litigation), Confidentiality Agreements are essential to protect and safeguard your business information and developments. An attorney-prepared Confidentiality Agreement ensures the agreement is customized for your particular business needs.
What is a Confidentiality Agreement?
A Confidentiality Agreement is an agreement between two or more persons or parties not to disclose certain information, tangible or intangible, in any form, of proprietary value or otherwise deemed confidential by the disclosing party. The Agreement usually includes a specific (or general) definition of what constitutes confidential information, the manner in which such information must be safeguarded by the receiving party, restrictions on disclosure, and exceptions to the obligation of confidentiality. Confidentiality Agreement are also often referred to as Non-Disclosure Agreements, or NDAs.
Call Minott Gore, P.A. to talk about your particular confidentiality agreement needs with our attorneys. Our team of experienced corporate attorneys can help draft a Confidentiality Agreement custom tailored for your business. It’s an essential tool for business success and something you’ll rarely regret having done.
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