Multilateral Confidentiality Agreement

A Multilateral Confidentiality Agreement is a legally binding agreement where there are numerous parties who disclose and/or receive confidential information. In these cases, all parties’ interests are legally protected when disclosing confidential information to the other parties. This agreement is drafted specifically for those cases where numerous parties wish to protect their interests when disclosing confidential information.

A Multilateral Confidentiality Agreement is a legally binding agreement where there are numerous parties who disclose and/or receive confidential information. In these cases, all parties’ interests are legally protected when disclosing confidential information to the other parties. This agreement is drafted specifically for those cases where numerous parties wish to protect their interests when disclosing confidential information. It is a comprehensive agreement which serves to regulate the relationship between the parties. It contains the essential clauses necessary to ensure that all parties’ interests are protected.

This agreement is used in cases where the parties wish to share confidential information, but want to ensure that third parties and/or the public do not become privy to this information.  The agreement regulates the disclosure and/or non-disclosure of this confidential information. It is also called a non-disclosure agreement, due to the restrictions on disclosure that are placed on the parties.

There are various types of confidentiality agreements and this agreement is drafted specifically for those cases where there are numerous parties who disclose and/or receive confidential information.

This agreement contains the following clauses:

1. Definitions
2. Interpretation
3. Background
4. Multilateral Confidentiality Undertaking
5. Duration
6. Benefits
7. Breach
8. Notices
9. Severability
10. Governing Law and Jurisdiction
11. Counterparts
12. Signatories