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ARTICLE · 20 JULY 2009

Protect Yourself With A Confidentiality Agreement

One of the first considerations with any type of new venture is how to protect your business, valuable idea or concept if you need to disclose it to others.

AustraliaCorporate/Commercial Law

One of the first considerations with any type of new venture is how to protect your business, valuable idea or concept if you need to disclose it to others.

When is a confidentiality agreement needed?

If you need to disclose your valuable business information or ideas to a potential partner, adviser or investor then a confidentiality agreement is an essential tool.

What is a confidentiality agreement?

A "Confidentiality Agreement" or a "Non-Disclosure Agreement" is a legally binding contract which contains promises from the recipient of the confidential information to limit the use of the information to a specific purpose.

Confidentiality agreement tips

1. A confidentiality agreement must do three things:

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