Confidentiality Agreement Template For Sale Of Business

This agreement does not apply to information that: A typical business owner invests a tremendous amount of time, effort and money in building a business. Your lawyer will draft an agreement that will set out these terms in more formal and legal language. However, if you do not use a lawyer, you can download NDA templates containing all the necessary information. The Law Depot UK has free NDA templates that can be adapted quickly and easily to your business. Sometimes, defining confidential information can be difficult. This is a common problem, as a potential buyer is usually probably someone in the same industry as the seller. In this case, it is likely that the potential buyer is familiar, at least in general, with much of the “business information” related to the industry. Without limiting the obligations of the receiving party, the receiving party agrees to protect all confidential information with at least the same diligence in order to avoid disclosure that the receiving party uses to protect its own protected and confidential information, and the receiving party agrees to treat the disclosing party`s confidential information in accordance with the provisions of this Agreement. . . .

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