Do not let them steal your secrets. We prefer a letter, but
here are the same provisions in agreement form
About this document
Very few businesses develop their own ideas. Mostly, they “find” them elsewhere. Stop them from finding yours with this carefully drawn confidentiality letter.
Business owners tend to be most diffident about asking for confidentiality letter or agreement from bankers and other lenders. This is a great mistake. Disclosure is far more likely as a result of carelessness that of a deliberate attempt to steal your ideas.
This confidentialty agreement is suitable for:
• Anyone wanting to protect their business or idea when it is necessary to disclose secrets
• A seller of a business or website or other property
• Any person involved with research or ideas
We provide two versions of this confidentiality agreement - one in “letter” form, the other as an “agreement”. There is no difference in the legal effect. It is a matter of presentation. If in doubt, take the letter. However, if the confidentiality letter is part of a situation where both sides are giving something (such as mutual confidentiality), then the agreement is a neater solution.
Application
and features
Wide definitions cover most situations - agency, sale of business, software access, etc
Extensive notes to guide you
Plain English - of course!
Contents
Broadly defined confidential information
Public domain exceptions carefully restricted
Damages quantified in advance
Usual legal provisions to protect your interests
Word
Count (approximate):
Document: 1260
words
Explanatory notes:
700
words
Draftsman
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