Document background
This Short Confidentiality Agreement is designed for use under Austrian law when parties need to quickly but effectively establish confidentiality obligations. It's particularly suitable for initial business discussions, potential partnerships, or preliminary negotiations where proprietary information needs to be shared. The document complies with Austrian civil law requirements and relevant EU regulations, including the GDPR and Trade Secrets Directive. While comprehensive in protecting confidential information, it maintains a streamlined structure that allows for rapid implementation without extensive negotiation. This template is commonly used in various business contexts, from potential investments to supplier relationships, where parties need a straightforward but legally robust mechanism to protect sensitive information.
