Deed of Confidentiality
When selling a business, the seller often needs to disclose sensitive or confidential information to potential purchasers. This can be information of a financial nature, trade secrets, methodology, IP – data that should remain private knowledge.
The Seller can protect this information by implementing a Deed of Confidentiality or non-disclosure statement before divulging the information.
This demonstrates how seriously you take your business and protects your intellectual and financial details from being revealed.
A solid Deed of Confidentiality provides formal documentation of an individuals agreement not to disclose your valuable information. This document will provide strong legal recourse should a misunderstanding arise or the potential buyer fails to honour their obligation while under contract.
Provisions included
- introduction
- access to information
- definition of confidential information
- non-disclosure
- return of documents
- duration of agreement
- common knowledge
- equitable relief
- severance of clauses
- dispute resolution
- entire understanding
- governing law
Sample Document Excerpt
Easy to Edit Word Document – Can be Used Many Times
This professionally drafted Confidentiality Deed comes to you as a Microsoft Word template and can be used as often as you like.
Simply insert the correct information in the appropriate field and tab to the next. Once complete, print your professional agreement!
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