Confidentiality Agreement for Business Sale
This Agreement is used to protect a company’s confidential information when a third party is interested in purchasing either the entire issued share capital or the assets of the company. The Agreement protects the goodwill of the business, and the sensitive information (financial details, commercial or technological secrets) which is brought forward in the process of negotiations between the Seller and the potential Buyer. This type of Confidentiality Agreement is normally used when a company is engaged in negotiations for the sale of the business, such as mergers and acquisitions, investments discussions, negotiations about joint ventures or talks with consultants or financial institutions for selling and purchasing businesses. Model of Confidentiality Agreement for Business Sale.