confidentiality agreements

What are the Key Components of a Confidentiality Agreement?

A well-drafted Confidentiality Agreement in catalysis should include the following key components:
- Definition of Confidential Information: Clearly outlines what constitutes confidential information.
- Obligations of the Receiving Party: Specifies how the receiving party must handle the information.
- Exclusions: Details what information is not considered confidential, such as information already in the public domain.
- Term of Agreement: Specifies the duration for which the confidentiality obligations will last.
- Consequences of Breach: Outlines the legal remedies available in case of a breach.

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