Non Disclosure Non Compete Non Circumvention. The parties intend to engage in substantive discussions and sharing of confidential information regarding certain new and useful business opportunities trade secrets business entity formation and structuring and tax planning. In both cases time-limited confidentiality conditions resulted in a loss of trade secrets protection.
Non-Disclosure. In summary a non-compete agreement is just a one-way agreement thats designed to prevent a business from unfair competition from a former employee or contractor while the non-disclosure agreement is often but not always a mutual agreement thats designed to protect private and confidential information from being disclosed to competitors and the public-at-large. While in such cases the appropriate solution might be to implement unlimited confidentiality conditions in many US.
The following link takes you to a template mutual non-disclosure confidentiality and non-compete also referred to as non-circumvention agreement that can be adapted to suit many different circumstances.
Owner proposes to disclose certain of its confidential and proprietary information. If you ever wondered if Non-disclosure Non-circumvention and Non-competition agreements or restrictive clauses in agreements are the same or what the difference between the three is this is the article for you. Generally clauses should not relate to excessively long periods or to areas in which the restricting party does not have business activities within. While in such cases the appropriate solution might be to implement unlimited confidentiality conditions in many US.