Description

For situations where both parties disclose confidential information to each other during discussions or negotiations.

Who this is for:
This agreement is suitable where two parties are engaging in discussions, such as:
• Joint ventures or collaborations
• Commercial negotiations
• Investment or financing discussions
• Strategic partnerships
• Technical or business evaluations
and each party expects confidentiality on a reciprocal basis.

Covers:
• Mutual definition of Confidential Information
• Permitted and prohibited use of confidential information
• Exclusions from confidentiality (e.g. public domain, prior knowledge)
• Obligations to protect and safeguard information
• Ownership of confidential information
• Duration of confidentiality obligations
• Disclosure required by law or regulators
• Governing law and jurisdiction (South Africa)

Format: Editable Word document + guidance notes