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NON-DISCLOSURE NON-CIRCUMVENTION AGREEMENT

NON-DISCLOSURE NON-CIRCUMVENTION AGREEMENT 2025

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This document is a Non-Disclosure, Confidentiality, and Non-Circumvention Agreement between Century 21 Today, Inc. and a prospective purchaser. It outlines the obligations of the purchaser to keep confidential any information regarding properties or businesses disclosed by Century 21, prohibits them from circumventing the agency in transactions, and mandates the return or deletion of information if no transaction occurs. The agreement remains effective for two years.

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What is the difference between exclusivity and non-circumvention?

Exclusivity clauses, aka non compete provisions, prevent one party to a contract from soliciting or negotiating with a third party within a specified timeframe. Non-circumvention clauses prevent one or more parties to a contract from being bypassed in transactions with third parties.

What is the difference between non-circumvention and non disclosure?

A non-circumvention agreement ensures that the intermediaries who brought the buyer and seller together are not excluded from future negotiations, whilst a non-disclosure agreement is a contract by which a party receiving information from another party agrees to keep such information confidential.

What is an example of a non-circumvention agreement?

Example: Party A agrees not to engage in, execute, or pursue any business transaction with any third-party (introduced by Party B) that may circumvent, or attempt to circumvent, Party Bs rightful business interests. This agreement remains in effect for a period of two years from the date hereof.

What are the three types of NDA?

There are three types of NDAs: unilateral, bilateral, and multilateral. Read on to learn when you should use each type. Youll also learn how to use a contract management tool like Ironclad to draft and manage them.

What is a non-disclosure non-circumvention agreement?

A short-form confidentiality (or nondisclosure) and non-circumvention agreement to be used by a party that wants to both prevent a counterpartys misuse of its confidential information and prevent the counterparty from working directly with the disclosers business contacts in a manner that damages the discloser.