Business Sale Non Disclosure Agreement Template for Austria

1. Non-Solicitation: Prevents approaching employees, customers, or suppliers; included when there's specific concern about potential poaching

2. Exclusivity Period: Prevents the seller from negotiating with other potential buyers for a specified period; included when buyer requires exclusivity

3. Data Protection Compliance: Specific GDPR and DSG compliance provisions; included when personal data is part of the confidential information

4. Press Announcements: Controls over public statements about the potential transaction; included for sensitive or high-profile deals

5. Non-Circumvention: Prevents direct approach to customers, suppliers, or partners; included when these relationships are particularly valuable

6. Costs: Allocation of costs related to the NDA and due diligence; included when significant costs are anticipated

7. Assignment: Rights to transfer the agreement; included when buyer might need to involve other group companies

1. Schedule 1 - Specified Confidential Information: Detailed list of specific categories or items of confidential information to be disclosed

2. Schedule 2 - Authorized Representatives: List of individuals or roles authorized to receive and handle confidential information

3. Schedule 3 - Security Protocols: Specific security measures and procedures required for handling confidential information

4. Schedule 4 - Excluded Information: List of information specifically excluded from confidentiality obligations

5. Appendix A - Form of Confidentiality Undertaking: Template confidentiality agreement for representatives and advisors to sign