Confidentiality Agreement

General Documents Updated 20 October 2015

  • $99.00

Our confidentiality agreement template is a short and sweet document drafted in 2-column format that can be used  to govern the disclosure of confidential information between two parties involved in an IT transaction or considering doing business with each other.  It can be used as a  mutually applicable agreement or a "1 way" confidentiality agreement. 

How this document can help you

Without  a confidentiality agreement it can be very difficult to enforce obligations of confidence on another party. However, in our experience people do not like signing long confidentiality agreements.   Our template is only four pages long and is thus likely to be better received than a more lengthy confidentiality agreement. 

What it includes

Our template includes standard clauses dealing with the protection of confidential information.  We have also included sample definitions of confidential information to help you define common types of confidential information that is provided by organisations operating in the IT industry.

Our confidentiality agreement template  comes with limited customisations using DocuStream's  document generation technology.   Simply answer the  questions included in our online questionnaire and our system will automatically and immediately tailor the agreement based on the responses you provide.   Our system will automatically convert the template into a mutual confidentiality agreement template  for you to immediately download,  pre-populated with the responses you provide to the online questionnaire. DocuStream can tailor the agreement in a few different ways, for example:

  • So that it applies mutually to both parties, or only “1 way”;
  • So that the obligations expire after a certain period of time or so that it operates indefinitely. 

Common questions

What is the difference between a Confidentiality Agreement and a Non-Disclosure Agreement (NDA)?

Nothing. They are 2 ways of describing the same thing.

How do I know if I need a 1-way NDA or a mutually applicable one?

1-way NDAs protect confidential information in one direction only, that is of one party only. Mutually applicable NDAs are more suited to situations where the 2 parties are each disclosing confidential information to one another.

I heard that Confidentiality Agreements are difficult to enforce. Is that correct?

There is no such thing as an "easy to enforce" agreement. To enforce an agreement, it is often necessary to commence court proceedings. Court proceedings are costly and time consuming. However, Confidentiality Agreements are very common (especially in the IT industry) and often having one in place, notwithstanding the difficulties associated with enforcement, can help protect confidential information from unauthorised use.

Why Use DocuStream?

  • Quick and easy
  • Customisable
  • Comes with free legal advice
  • Download in Microsoft Word format
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  • Comes with 1 year of free updates
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