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This Agreement is made between PBS LLC, dba KR Business Brokers, and the Individual(s) for the protection of confidential information pertaining to businesses for sale. It outlines the responsibilities of the parties regarding confidential information, restrictions on disclosure, and the process for handling such information.
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How to fill out confidentiality and non-disclosure agreement

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How to fill out confidentiality and non-disclosure agreement

01
Begin with the title: Clearly label the document as a 'Confidentiality and Non-Disclosure Agreement.'
02
Define the parties involved: List the names and addresses of the parties entering the agreement.
03
Specify the definition of confidential information: Clearly outline what constitutes confidential information.
04
Outline the obligations of the receiving party: State the responsibilities regarding the protection of confidential information.
05
Include exemptions: Specify any information that is not considered confidential (e.g., publicly available information).
06
Set the duration of confidentiality: Indicate how long the receiving party must keep the information confidential.
07
Include clauses on the return or destruction of information: State what should happen to the information after the agreement ends.
08
Add governing law: Specify which jurisdiction's laws will apply in case of disputes.
09
Provide space for signatures: Ensure that both parties sign and date the agreement.

Who needs confidentiality and non-disclosure agreement?

01
Businesses looking to protect sensitive information.
02
Entrepreneurs sharing ideas with investors or partners.
03
Consultants working with clients and needing to safeguard proprietary information.
04
Employees who have access to trade secrets or confidential company data.
05
Researchers sharing findings with external parties.
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A confidentiality and non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between parties. It prohibits the sharing of sensitive information disclosed during the course of a professional relationship.
Typically, individuals or businesses that intend to share confidential information with employees, contractors, or third parties are required to file a confidentiality and non-disclosure agreement.
To fill out a confidentiality and non-disclosure agreement, you need to provide the names of the parties involved, define the confidential information, outline the obligations of both parties, specify the term of the agreement, and indicate any exclusions from confidentiality.
The purpose of a confidentiality and non-disclosure agreement is to protect sensitive information from being disclosed to unauthorized parties and to create a legal framework for handling confidential information.
The information that must be reported includes the identities of the parties, the nature of the confidential information, the obligations of the parties regarding the use of such information, and the duration of the confidentiality obligations.
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