Confidentiality Agreement Review With Consultant

State:
Multi-State
Control #:
US-OG-199
Format:
Word; 
Rich Text
Instant download

Description

The Confidentiality Agreement Review with Consultant is designed to facilitate the sharing of sensitive property information between an Offeror and an Offeree during potential acquisition evaluations. This form establishes clear guidelines for the Offeree regarding the use of disclosed information, emphasizing its intended purpose and the need for confidentiality. Key features include stipulations on the Offeree's responsibility not to disclose information beyond designated parties, the exclusion of publicly available information from confidentiality obligations, and a disclaimer of liability for the Offeror concerning the accuracy of the information shared. Filling instructions indicate that the Offeree must complete the agreement and return a signed copy to confirm acceptance of the terms. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing them with a structured approach to managing sensitive information and protecting their clients' interests during property negotiations. The specified two-year term for the agreement also allows for a defined period of confidentiality, which is crucial for all parties involved.
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FAQ

Look for language like the disclosing party and the receiving party or both parties as opposed to one-sided language with noticeably absent requirements from the other side. If the NDA is intended to bind only one party, you should walk into that arrangement with eyes wide open.

For example, your beginning paragraph may say something like: "This Nondisclosure Agreement (the "Agreement") is entered into by and between with its principal offices at ("Disclosing Party") and , located at ("Receiving Party") for the purpose of

7 Things to Look for Before You Sign a Nondisclosure AgreementParties to the Agreement.Identification of What Information Is Confidential.Time Frame of the Agreement.Return of the Information.Obligations of the Recipient.Remedies for Breaches of Agreement.Other Clauses.

Typically, a legal professional writing the NDA will complete these steps:Step 1 - Describe the scope. Which information is considered confidential?Step 2 - Detail party obligations.Step 3 - Note potential exclusions.Step 4 - Set the term.Step 5 - Spell out consequences.

The Contracting Parties and their respective counsel represent and agree that, except for matters of public record as of the date of this Agreement, they will keep the terms and contents of this Agreement confidential, and that they will not hereinafter disclose the terms of this Agreement to other persons except as

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Confidentiality Agreement Review With Consultant