Confidential Disclosure Agreement In German

Confidentiality or confidentiality agreements are usually signed by members of the management board of German companies. Confidentiality agreements are generally necessary to protect important business information that only directors and officers of companies have access to. Confidentiality agreements may also include post-contractual clauses that protect the interests of the company after the conclusion of the cooperation. The recommended confidentiality measures depend on the specific circumstances of the case, such as. B.dem the value of a particular trade secret, its importance for the transaction and the usual confidentiality measures in the relevant transactions. In any event, the explanatory memorandum to the German draft law on trade secrets states that contractual provisions for the protection of secrecy and physical restrictions on access may be appropriate. .

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