Non-Disclosure Agreement (Future Business)

Parties

• Owner (of confidential information)
• Recipient

When To Use

For use by 2 parties who will exchange confidential information in contemplation of a future business relationship.

One of the most basic business agreements since it preserves confidentiality prior to entering into a definitive agreement.

Example: if the parties are considering a possible reseller relationship or consulting relationship, and confidential information must be discussed in the evaluation or negotiation stage, the Non-Disclosure Agreement would create a confidential relationship that would cover the confidential information disclosed prior to the execution of the definitive Reseller or Consulting Agreement.

If there is any doubt regarding whether confidential information will be disclosed during discussions or even email transmissions prior to a potential business relationship, by all means, use this agreement.

"Intelligent" Document Assembly Does Work For You

This is not a static downloadable form -- my embedded logic selects, orders, arranges, and formats my carefully worded clauses from the database and "intelligently" assembles your document -- you're empowered to create a near-custom agreement with 1000's of meaningful variations.

Features And Options

• Concise agreement; very readable and signable, yet covers the bases
• Option for unilateral agreements (where one specified party is always the disclosing party, and the other is always the receiving party)
• Option for reciprocal agreements (where both parties mutually disclose information to each other)
• Covers personally identifiable information
• Options to select classes of persons to whom disclosure is permitted (employees, contractors, etc.)
• Confidential information is disclosed for a specified purpose (information outside the parameters of this purpose is not confidential)
• Warranty disclaimer and limitation of liability
• Prohibition against press releases

Unlimited Drafting Benefit

One of the great benefits of our online contract drafting service is that if you're not sure how to structure your transaction, or if you want to develop "fall back" positions for negotiation purposes, you may draft alternate variations of this document at no extra charge to assist you in developing your strategies.

If you have any questions, contact me.