Publications

Confidentiality Provision

 

The joint venture agreement should also define the parties' obligations with respect to confidential information that is shared or developed during the term of the joint venture arrangement. Information sharing is often a sensitive matter within a joint venture. Each participant must feel comfortable that information that is shared within the scope of the joint venture and which is vital to helping the venture achieve its goals will be protected during and after the term of the venture, or the venture will not be able to achieve its goals.