Cofidentiality Agreements are a must for every business.
Whether it's your own employees, contractors, outside vendors, potential business partners or investors, every business needs to protect itself with confidentiality agreements. With a confidentiality agreement in place, you will:
protect trade secrets, financials & intellectual property;
have formal documentation of non-disclosure promises;
show others that you take your business seriously.
Even if you currently have employees or partners that have not signed confidentiality agreements, it's not too late to get them to sign one now.
Owner proposes to disclose certain of its confidential and proprietary information (the "Confidential Information") to Recipient. Confidential Information shall include all data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, business plans, financial information, and other information disclosed or submitted, orally, in writing, or by any other media, to Recipient by Owner. Confidential Information disclosed orally shall be identified as such within five (5) days of disclosure. Nothing herein shall require Owner to disclose any of its information.
