Confidentiality Agreement Related to Proposed Purchase of Corporate Business through Purchase of Stock
The Forms Professionals Trust! ™
A confidentiality agreement is an agreement between at least two persons that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes. However, when access to the information is to be restricted from a third party a confidentiality clause is added in the contract. It is a contract through which the parties agree not to disclose information covered by the agreement. Generally, such clauses are added in contracts between companies. However, this clause can be added in employment contracts also.
In making the decision to purchase an existing business, it is necessary for the Purchaser to determine whether he or she is going to seek to purchase the assets of the business, or the stock of the business entity. An asset purchase involves the purchase of the selling company’s assets — including facilities, vehicles, equipment, and stock or inventory. A stock purchase involves the purchase of the selling company’s stock only.
All forms provided by US Legal Forms, the nations leading legal forms publisher. When you need a legal form, don't accept anything less than the USlegal™ brand. "The Forms Professionals Trust ™
Gold Award 2006-2018
BEST Legal Forms Company
11 Year Winner in all Categories:
Forms, Features, Customer Service
and Ease of Use.