Updated March 11, 2024
A business sale non-disclosure agreement requires all parties involved in the sale of a business to keep all aspects of the transaction confidential. In addition, the seller may be required to withhold sharing trade secrets or other confidential information related to the business.
How to Write
Step 1 – Download in PDF, MS Word, or OpenDocument.
Step 2 – The name of the Recipient will need to be supplied in the first available field of the form. The second field is for the Business Entity.
Step 3 – If the Recipient does not proceed with the offer and purchase the business, they will not be able to use the Confidential Information in any way that would be disadvantageous to the Business Entity or any related entity/person associated with the Business Entity. This condition is applicable for the amount of time indicated in the field of section five (5).
Step 4 – The State which will govern the agreement will need to be supplied in section seven (7).
Step 5 – The Recipient will need to reread the document, ideally with an attorney present, and then supply their printed name, the date, and furnish the contract with their signature.
