Confidentiality And Restrictive Covenant Agreement

Confidentiality And Restrictive Covenant Agreement Template for England and Wales

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Key Requirements PROMPT example:

"I need a Confidentiality And Restrictive Covenant Agreement for a senior software developer joining my fintech startup in March 2025, with specific focus on protecting our proprietary trading algorithms and preventing them from working with competitors in London for 12 months after leaving."

Document background

The Confidentiality And Restrictive Covenant Agreement is a crucial legal instrument under English and Welsh law used to safeguard a company's sensitive information and competitive position. It is typically implemented when engaging employees, contractors, or business partners who will have access to confidential information or whose departure could pose a risk to the business. The agreement combines robust confidentiality provisions with specific restrictions on post-relationship activities, such as competing, poaching staff, or soliciting clients. It must be carefully drafted to ensure enforceability within the jurisdiction's restraint of trade principles.

Suggested Sections

1. Parties: Identifies and defines the contracting parties

2. Background: Sets out context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Confidentiality Obligations: Core confidentiality provisions and obligations

5. Restrictive Covenants: Non-compete and non-solicitation provisions

6. Duration: Term of confidentiality and restrictive obligations

7. Return of Confidential Information: Procedures for returning or destroying confidential information

8. Breach and Remedies: Consequences of breach and available remedies

Optional Sections

1. Permitted Disclosures: Exceptions to confidentiality obligations and circumstances where disclosure is allowed

2. Data Protection: Specific provisions relating to personal data handling and compliance with data protection laws

3. Intellectual Property: IP rights and obligations related to confidential information

4. Assignment: Rights and restrictions regarding transfer of obligations under the agreement

Suggested Schedules

1. Schedule 1 - Confidential Information: Detailed list or description of confidential information covered by the agreement

2. Schedule 2 - Restricted Territory: Geographic scope of restrictions and territories where restrictive covenants apply

3. Schedule 3 - Restricted Clients: List of clients covered by non-solicitation provisions

4. Schedule 4 - Permitted Recipients: List of authorized recipients of confidential information and their obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Confidentiality And Restrictive Covenant Agreement Template for England and Wales

Let's create your Confidentiality And Restrictive Covenant Agreement