Reciprocal Confidentiality Agreement
Overview
Use our Reciprocal Confidentiality Agreement template when two parties will exchange confidential information with each other.
- Protect information disclosed by each party to the other.
- Clear concise template designed to be fast and simple to customise.
- Solicitor drafted template for reliablility and comprehensiveness.
- Re-use as many times as you require.
Our reciprocal confidentiality agreement provides affordable peace of mind by protecting both parties exchanging confidential information.
Reciprocal Confidentiality Agreement
A Reciprocal Confidentiality Agreement is designed to be used when two or more parties exchange confidential information. It is ideal for individuals and businesses entering into a commercial venture or any relationship involving the exchange of confidential information.
A Reciprocal Confidentiality Agreement is also often referred to as a Two Way Confidentiality Agreement. The agreement is designed to protect any type of confidential information relating to, for example, a business plan, idea, invention or product. For example, your company may have a patented product that another company wants to licence from you so that they may manufacture and sell the product. You have made an agreement to work together to negotiate the terms of the project. There will be a reciprocal exchange of confidential information so both parties will benefit from putting in place a reciprocal confidentiality agreement. Since both parties are protected by this agreement, if one or both of you discloses information that was prohibited from being disclosed, the agreement enables the wronged party to take legal action.
We offer a variety of confidentiality agreements on our website to suit your needs. Another common and popular version of a confidentiality agreement is the Confidentiality Letter. The Confidentiality Letter is an abbreviated version of the standard Confidentiality Agreement which is used to protect information being exchanged by just one of the parties when a longer document is not required or may put the other party off.
Using the Reciprocal Confidentiality Agreement
The Reciprocal Confidenitiality Agreement is in a template format ready for customisation so that it can be easily tailored to your exact requirements.
Clauses in the Reciprocal Confidentiality Agreement
The Agreement contains rights and obligations for both parties in relation to the information that they will be disclosing and receiving.
Associated Documents
We provide a wide range of Confidentiality Agreements on this website for both general use and to cover specific situations.
Articles and guides that you might find useful include Handling Confidential Information and Obligations for Preserving Personal Data and Confidential Information.
If you can't find what you're looking for then drop us an email to admin@legalcentre.co.uk
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