Confidentiality agreement: Difference between revisions

{{confi basic structure}}

==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.  

====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.

===What a confi shouldn’t have===

The following often make their way into a confi agreement, though none really have any business being there.

*A [[non-solicitation clause]]

*An [[indemnity]]

{{sa}}