Sample Mutual Business Confidentiality Agreement2 - Free Download
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MUTUAL CONFIDENTIALITY AGREEMENT
This agreement is made on __________________________ (“the Commencement Date”)
PARTIES: <insert name of party> ACN 000 000 000 of
<insert registered street address>(“the Prospective Vendor”)
AND: NAME OF THE COMPANY OR INDIVIDUAL/S
_____________________________________________________
of
_____________________________________________________
(“the Interested Party”)
BACKGROUND
A The Prospective Vendor and the Interested Party propose to enter into discussions
and negotiations with a view to the Prospective Vendor selling to the Interested
Party the whole or some part of the business of the Prospective Vendor.
B In the course of the discussions and negotiations, each party may disclose to the
other information relating to its business including information concerning its
corporate and business structure, existing and proposed business contracts,
products information, technical information and specifications, product and
materials prices and costs, managerial, financial and marketing strategies, the
identities of actual and target clients and customers, employee agreements,
employee reward schemes (including share option and profit sharing
arrangements) and the identities of present or proposed employees which is not
known to the receiving party or which is not available in the public domain
(“Confidential Information”).
C The parties intend that each of them shall, at all times throughout the discussions
and negotiations, and thereafter until this Agreement has been superseded by a
subsequent written agreement, maintain the confidentiality of the Confidential
Information for the purposes of protecting their respective interests in the
Confidential Information and to advance the prospect of them concluding a
mutually satisfactory commercial agreement contemplated by these recitals.
