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Reciprocal Confidentiality

This agreement balances the sales value of the confidential information by establishing Trade Secret status while also reducing the liability and costs of the receiving party by narrowing the definition of what is confidential.

Reciprocal Confidentiality
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This is the form you need if you are disclosing your (or your company) confidential information and you are also receiving the confidential information of another person or entity.
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Form Overview
The Reciprocal Confidentiality Agreement balances the tension between minimizing your confidentiality obligations as a recipient of confidential information with your right to protect confidential information disclosed by you under the agreement. The confidential information must be defined as such in writing at the time of disclosure. Both parties acknowledge the ownership rights of the other party. Development of adaptations based upon technology disclosed under the agreement is expressly prohibited. Both parties accept employee pirating restrictions. There is no reference to trade secret status of the confidential information. You can find answers to your questions using our extensive library of audio questions and answers
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