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{{confi basic structure}} | {{confi basic structure}} | ||
{{subtable|Index — Click ᐅ to expand:{{cat|confidentiality|{{{2}}}|{{{3}}}}}}} | |||
==What’s in a [[confi]]?== | ==What’s in a [[confi]]?== | ||
Confis can be “one way”, where one party discloses and the other receives, or “two way”, where both parties disclose sensitive information. A [[broker]]’s template will tend to be far more generous when it is receiving only, than when it is giving information up. I know this may come as a shock to some of you. | Confis can be “one way”, where one party discloses and the other receives, or “two way”, where both parties disclose sensitive information. A [[broker]]’s template will tend to be far more generous when it is receiving only, than when it is giving information up. I know this may come as a shock to some of you. | ||
====Length==== | ====Length==== | ||
Firstly, let’s be blunt about this: there is a special place in hell for [[Mediocre lawyer|any advisor]] who serves up a confidentiality agreement more than 3 pages long. Even three pages is purgatorially tedious. GET TO THE POINT. It’s a goddamn [[confi]], not the sale of your soul. Oh hang on. | Firstly, let’s be blunt about this: there is a special place in hell for [[Mediocre lawyer|any advisor]] who serves up a confidentiality agreement more than 3 pages long. Even three pages is purgatorially tedious. GET TO THE POINT. It’s a goddamn [[confi]], not the sale of your soul. Oh hang on. | ||
===What a confi shouldn’t have=== | ===What a confi shouldn’t have=== | ||
The following often make their way into a confi agreement, though none really have any business being there. | The following often make their way into a confi agreement, though none really have any business being there. | ||
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*A [[non-solicitation clause]] | *A [[non-solicitation clause]] | ||
*An [[indemnity]] | *An [[indemnity]] | ||
{{sa}} | {{sa}} |