Document background
This Business Sale Non Disclosure Agreement is essential for protecting sensitive business information during the sale process of a company or business assets under Swiss law. It should be used at the initial stages of business sale negotiations, before detailed discussions or due diligence commence. The document covers various categories of confidential information including financial data, trade secrets, customer information, employee details, and proprietary technology. It ensures compliance with Swiss legal requirements, particularly the Swiss Code of Obligations and data protection laws, while providing flexibility for international transactions. The agreement is typically required by sellers to protect their business interests while allowing potential buyers to evaluate the opportunity, and includes specific provisions for information handling, permitted disclosures, and return or destruction of confidential materials.
