Free Confidentiality Agreement Template

If you need to guarantee that another party keeps certain information private, you would use a Confidentiality Agreement.

This contract sets the amount of time certain information must be kept private and what it can be used for, which can help ensure that information will remain confidential, normally related to :

• Business

• Personal matters

Depending on what you would like to be kept private and whose information is disclosed, you can choose to create an agreement that contains:

• Only 1 party’s information

• Both parties’ information

Use our simple Confidentiality Agreement template to easily create a document that protects your private details. 

 Not sure what exactly should be included in a Confidentiality Agreement?

If that’s the case, you can review our example below, to ensure you know how to structure your document.

Using a Confidentiality Agreement is critical whenever you plan to share classified information. Situations like this can come up in any situation.

Typically, it’s used as an important business document when you need to share confidential details of your company with other parties.

Some circumstances when using this agreement can include:

• During and after an audit

• After creating a new product or invention

• Giving an employee a raise

• When signing new employees to an employment contract

• Hiring freelancers

• Interviewing applicants

• Creating a partnership with another business or company

If the other party in the contract releases any of the confidential details, they will face legal consequences.

That is why, by using this document in these situations, you can prevent competitors from getting your business details. 

Confidentiality Agreement Protections

Not sure what type of information a Confidentiality Agreement will keep from getting into the wrong hands?

By creating this type of contract, you can ensure the following stays private:

• Details regarding finances: Information regarding your taxes, profits, and losses would stay private. 

• Intellectual property: Property such as copyrights and patents will remain confidential. 

• Codes: Any original code can be included in a Confidentiality Agreement

• Future products: Plans for a future product can stay in-house. 

• Marketing plans: Having your marketing ideas get out means they could be taken from another company, this agreement would prevent that from happening.

When drafting a Confidentiality Agreement, it's crucial to ensure that all essential elements are included to protect sensitive information effectively. Here are the key components to mention:

1. Each party’s details: Clearly state the full name and contact information of all parties involved in the agreement. This typically includes the disclosing party and the receiving party.

2. Definition of confidential information: Specify what constitutes confidential information in this context. This could range from trade secrets, business strategies, and client information, to proprietary processes or technology.

3. Obligations and duties of the receiving party: Outline the responsibilities of the party that must keep information private, regarding the handling of confidential information. This may include a non-compete or non-solicitation clause.

4. Duration of the agreement: Set the period for which the confidentiality must be maintained. This could be an indefinite period or a specific timeframe.

5. Exclusions: Clearly state any information that is not considered confidential. This often involves information received from another source, or information independently developed without using confidential information.

6. Consequences of a violation: Describe the penalties or legal actions that may be taken if the confidentiality agreement is breached. 

7. Signatures: Your signature along with the party’s must be added and dated.

When adding this information to your agreement, it’s key to make certain that the document follows your state’s laws. 

Take advantage of our Confidentiality Agreement template to draft a comprehensive, clear, and legally binding document, ensuring the protection of your sensitive data.

When dealing with other companies and employees, it’s essential to have all the correct business documents. 

Use the following documents to protect your interests: 

• Non-Disclosure Agreement

• Non-Compete Agreement

• Partnership Agreement

• Service Agreement