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ARTICLE · 10 JUNE 2015

Transactional Confidentiality Agreements

So, you're putting your company up for sale. You or an advisor that you've retained are inviting potential buyers to have a look.

CanadaCorporate/Commercial Law

So, you're putting your company up for sale. You or an advisor that you've retained are inviting potential buyers to have a look. Before you open the books or provide company contracts and records for review, you need to have each potential buyer sign a Confidentiality Agreement with your company and its principal shareholders under which the buyer will agree to keep all information disclosed to it about your company confidential in the event that no transaction is ultimately entered into.

The Confidentiality Agreement will cover all confidential and proprietary assets that your company has, including all customer and supplier lists and information, pricing and costing information, contracts, labour and employment agreements, intellectual property information such as product formulae and processes, trade secrets, patents, trademarks and copyrights and all financial statements and other financial information. It should cover these items both for the company itself and

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