No two secrets are the same, and so you should always prepare confidentiality agreements and NDAs to suit its specific purpose. Needing to rely on a confidentiality agreement is a serious matter, and template documents won’t articulate the true intent of the parties.
When you need to give and/or receive obligations of confidentiality, you need to very clearly and purposefully document the why, how and what you be shared. Creating enforceable confidentiality agreements doesn’t come by accident. Startup founders have to ensure they are able to demonstrate they have obtained confidentiality from the right people along the journey. A tailored, considered approach to confidentiality is the only way to ensure confidential information is appropriately identified and managed.
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