Confidentiality Agreement Between Two Companies for Switzerland

Confidentiality Agreement Between Two Companies Template for Switzerland

A comprehensive bilateral confidentiality agreement governed by Swiss law, designed to protect confidential information exchanged between two companies. This agreement establishes mutual obligations for handling sensitive business information, trade secrets, and proprietary data, incorporating Swiss legal requirements including provisions from the Swiss Code of Obligations and Federal Act on Data Protection. The document provides robust protection mechanisms, clearly defined confidentiality obligations, and specific remedies under Swiss law, making it suitable for both domestic and international business relationships while ensuring compliance with Swiss privacy and business secrecy regulations.

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What is a Confidentiality Agreement Between Two Companies?

The Confidentiality Agreement Between Two Companies is essential for business relationships where companies need to share sensitive information while ensuring legal protection under Swiss law. This document is typically used during business negotiations, joint ventures, potential mergers and acquisitions, or any collaborative projects where proprietary information needs to be exchanged. It incorporates key provisions from Swiss legislation, including the Swiss Code of Obligations and Federal Act on Data Protection, providing comprehensive protection for trade secrets, technical know-how, and business strategies. The agreement is particularly valuable in Switzerland's international business environment, offering strong legal protection and enforcement mechanisms while accommodating cross-border business relationships. Key features include clearly defined confidentiality obligations, permitted uses of information, security requirements, and specific remedies for breach under Swiss law.

What sections should be included in a Confidentiality Agreement Between Two Companies?

1. Parties: Identification of the contracting companies, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, purpose of sharing confidential information, and nature of the business relationship

3. Definitions: Definitions of key terms, especially 'Confidential Information', 'Authorized Recipients', 'Purpose', and other relevant terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations, including duty of care, non-disclosure, and permitted uses of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, and as required by law

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request

9. Duration and Termination: Term of the agreement and survival of obligations

10. Breach and Remedies: Consequences of breach and available remedies under Swiss law

11. General Provisions: Standard provisions including governing law, jurisdiction, entire agreement, and amendments

What sections are optional to include in a Confidentiality Agreement Between Two Companies?

1. Intellectual Property Rights: Specific provisions regarding IP rights when confidential information includes patentable innovations or trade secrets

2. Data Protection Compliance: Additional provisions when personal data is involved, ensuring compliance with Swiss Data Protection Act

3. Cross-Border Transfers: Specific provisions for international transfer of confidential information

4. Non-Solicitation: Provisions preventing parties from soliciting each other's employees or clients

5. Reverse Engineering: Prohibition or permission of reverse engineering of any products or materials

6. Competition Law Compliance: Specific provisions ensuring compliance with competition laws when parties are competitors

7. Force Majeure: Provisions addressing extraordinary circumstances affecting confidentiality obligations

What schedules should be included in a Confidentiality Agreement Between Two Companies?

1. Schedule 1 - Authorized Recipients: List of individuals or roles authorized to access confidential information

2. Schedule 2 - Security Protocols: Detailed security measures and protocols for handling confidential information

3. Schedule 3 - Specific Categories of Confidential Information: Detailed list or categories of information considered confidential under the agreement

Authors

Alex Denne

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

Jurisdiction

Switzerland

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Technology

Manufacturing

Professional Services

Financial Services

Healthcare

Biotechnology

Research and Development

Energy

Telecommunications

Consumer Goods

Industrial Products

Software Development

Consulting

Pharmaceuticals

Engineering

Relevant Teams

Legal

Compliance

Executive Leadership

Business Development

Research and Development

Information Technology

Procurement

Operations

Finance

Corporate Strategy

Innovation

Commercial

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Business Development Manager

Chief Technology Officer

Research Director

Project Manager

Compliance Officer

Chief Financial Officer

Commercial Director

Procurement Manager

Head of Operations

Innovation Director

Strategic Partnerships Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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