Confidentiality agreements create obligations to preserve the confidentiality and limit the use of confidential information disclosed between parties.
This template can be used where confidential information will be disclosed by both contracting parties for a particular purpose. Where only one party will disclose confidential information, this template can be amended so that confidentiality obligations are only imposed on the receiving party.
A confidentiality agreement cannot provide an absolute guarantee that information will be protected and it should therefore be accompanied by appropriate practical measures. For example, even where a confidentiality agreement is in place, the sharing of confidential information should be on a need-to-know basis and the distribution to individuals should be restricted.