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Legal AgreementsDue Diligence

Confidential Information Exchange Agreement

This Confidential Information Exchange Agreement (CIEA) is used when two parties need to share sensitive information for a specific purpose, such as a potential business collaboration, merger, or acquisition, and wish to protect that information from unauthorized disclosure.

Updated 15d ago
confidentialityNDAnon-disclosureagreementinformation exchangedue diligencelegal

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

CONFIDENTIAL INFORMATION EXCHANGE AGREEMENT

This Confidential Information Exchange Agreement ('Agreement') is made and entered into as of this {{date_of_agreement}} day of {{month}}, {{year}}, by and between:

**{{disclosing_party_name}}**, a company duly incorporated under the laws of {{disclosing_party_country}}, with its principal place of business at {{disclosing_party_address}} (hereinafter referred to as the 'Disclosing Party'); and

**{{receiving_party_name}}**, a company duly incorporated under the laws of {{receiving_party_country}}, with its principal place of business at {{receiving_party_address}} (hereinafter referred to as the 'Receiving Party').

The Disclosing Party and the Receiving Party are hereinafter collectively referred to as the 'Parties' and individually as a 'Party'.

RECITALS

A. The Parties wish to explore a potential business opportunity concerning {{description_of_purpose}} (the 'Purpose').

B. In order to facilitate the Purpose, it may be necessary for the Disclosing Party to disclose certain confidential and proprietary information to the Receiving Party.

1. DEFINITION OF CONFIDENTIAL INFORMATION

1.1 'Confidential Information' herein refers to any and all technical, operational, commercial, financial, and other information, including but not limited to, trade secrets, know-how, business plans, strategies, customer lists, pricing, intellectual property, software, data, documents, and other materials, whether oral, written, electronic, or in any other form, that is disclosed by the Disclosing Party to the Receiving Party, directly or indirectly, and which is marked or identified as confidential or would reasonably be understood to be confidential given the nature of the information and the circumstances of disclosure.

1.2 Confidential Information does not include information that:

(a) is or becomes publicly available through no fault of the Receiving Party;

(b) was already in the possession of the Receiving Party without confidentiality restrictions prior to its disclosure by the Disclosing Party;

(c) is independently developed by the Receiving Party without use of or reference to the Disclosing Party's Confidential Information;

(d) is rightfully obtained by the Receiving Party from a third party without restriction on disclosure.

2. OBLIGATIONS OF THE RECEIVING PARTY

2.1 The Receiving Party agrees to keep all Confidential Information strictly confidential and to use it solely for the Purpose.

2.2 The Receiving Party shall not disclose, reproduce, or distribute any Confidential Information to any third party without the prior written consent of the Disclosing Party.

2.3 The Receiving Party shall take all reasonable measures to protect the secrecy of and avoid disclosure or unauthorized use of the Confidential Information, including at least the same degree of care it uses to protect its own confidential information of a similar nature.

2.4 The Receiving Party may disclose Confidential Information only to its employees, directors, officers, agents, and professional advisors (collectively, 'Representatives') who have a 'need to know' such information for the Purpose and who are bound by confidentiality obligations at least as stringent as those contained in this Agreement.

3. TERM AND RETURN OF INFORMATION

3.1 This Agreement shall commence on the Effective Date and remain in force for a period of {{term_duration}} years, unless terminated earlier in accordance with its provisions.

3.2 Upon the Disclosing Party’s written request, or upon termination of discussions concerning the Purpose, the Receiving Party shall promptly return to the Disclosing Party or destroy all Confidential Information (and all copies thereof) received from the Disclosing Party, and certify such destruction in writing.

3.3 Notwithstanding the above, the confidentiality obligations hereunder shall survive the termination or expiration of this Agreement for a period of {{survival_period}} years.

4. NO LICENCE

4.1 Nothing in this Agreement shall be construed as granting any rights, by license or otherwise, to any intellectual property owned by the Disclosing Party to the Receiving Party, other than the limited right to use the Confidential Information for the Purpose as expressly set forth herein.

5. GOVERNING LAW AND JURISDICTION

5.1 This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}.

5.2 Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in accordance with the rules of {{arbitration_institution}} in {{arbitration_city}}, {{arbitration_country}}.

6. GENERAL PROVISIONS

6.1 **Entire Agreement:** This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the Parties.

6.2 **Amendments:** No amendment or modification of this Agreement shall be valid unless in writing and signed by duly authorized representatives of both Parties.

6.3 **Severability:** If any provision of this Agreement is found to be invalid or unenforceable, such provision shall be severed from the Agreement, and the remainder of the Agreement shall continue in full force and effect.

6.4 **Waiver:** No waiver of any breach of any provision of this Agreement shall constitute a waiver of any prior, concurrent, or subsequent breach of the same or any other provisions hereof, and no waiver shall be effective unless made in writing and signed by an authorized representative of the waiving Party.

SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this Confidential Information Exchange Agreement as of the date first written above.

**DISCLOSING PARTY:**

{{disclosing_party_name}}

By: _______________________________

Name: {{disclosing_party_signatory_name}}

Title: {{disclosing_party_signatory_title}}

Date: {{disclosing_party_signature_date}}

**RECEIVING PARTY:**

{{receiving_party_name}}

By: _______________________________

Name: {{receiving_party_signatory_name}}

Title: {{receiving_party_signatory_title}}

Date: {{receiving_party_signature_date}}

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