Confidentiality Agreement For Sale Of Business Template for South Africa

1. Electronic Information Security: Specific provisions for protecting digital information, recommended when significant electronic data is involved

2. Third Party Information: Additional provisions for handling information owned by third parties, needed when third party data is involved

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

4. POPIA Compliance: Detailed provisions for personal information protection, required when personal data is involved

5. Site Visits: Protocols for on-site due diligence visits, needed when physical access to premises is required

6. Exclusive Negotiations: Provisions for exclusive negotiation periods, optional when seller wants to restrict buyer from negotiating with others

7. Costs: Allocation of costs related to confidentiality measures, optional when significant costs are anticipated

1. Schedule 1: Confidential Information: Detailed list of categories and types of confidential information covered

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

3. Schedule 3: Security Protocols: Specific security measures and protocols to be followed

4. Schedule 4: Excluded Information: Information specifically excluded from confidentiality obligations

5. Appendix A: Non-Disclosure Certificate: Template for representatives to acknowledge confidentiality obligations

6. Appendix B: Information Return/Destruction Certificate: Template for certifying return or destruction of confidential information