The Deed of Confidentiality Template assists parties to the deed are bound by confidentiality when handling information that you wish to remain confidential. Each Business Kitz resource contains comprehensive guidance notes as well as helpful suggestions to assist you with populating the document.
What is a confidentiality deed poll?
Deed polls are a unique type of binding legal document in that it only requires one party. Deed polls work to bind a singular party to an active intention – this binding intention requires the individual to follow a particular course of action. Therefore, a confidentiality deed poll is a deed poll that binds an individual to maintain confidence regarding certain topics, information and media.
A confidentiality deed poll is most commonly used in working situations. As such, it can be used to strengthen an agreement between two or more parties. For example, in the case of a workplace confidentiality agreement, if one party breaches confidence, then the disclosing party may be able to use the deed poll as evidence of an agreement which can then be enforced.
Confidentiality deed poll vs confidentiality agreement
A confidentiality deed poll and a confidentiality agreement are typically very similar in contents and functionality. The primary differentiating factor is that a deed does not require money (i.e. consideration) from a party in exchange for the promise to keep particular information confidential. In general, consideration is given in agreements or contracts to signify to both parties that one party has ‘bought’ the promise. Conversely, a deed is in of itself an indication that the parties intend to be legally bound.
If you are unsure which kind of document is suitable for your circumstances, Business Kitz’ sister company, Legal Kitz, can offer you legal advice tailored to your business. Contact us now to find out more.
You can view an extensive list of the topics covered by this template in the full description below.
The Business Kitz Deed of Confidentiality Template includes:
- Welcome letter (optional) to greet the recipient
- Details Schedule outlining the relationship between the discloser and recipient, outlining special conditions and jurisdiction)
- Recipient’s promises
- Ownership, safe keeping and return of confidential information
- Loss arising from breach of this Confidentiality Deed
- No assignment
- Whole agreement
- Interpretation and definitions
- Execution page
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