Confidentiality Agreement (Confidentiality Agreement, Confidential Disclosure Agreement) (Conclude) A legal document that allows the transfer of intellectual property from one party to another, the latter being authorized to use the information for specific purposes and only for purposes specified in the agreement and undertakes not to communicate the information to other parties. The following sentence of “during the clauses” is proposed as a guide to detail the context of the license. Not all parties use clauses; Some prefer to make basic information a standard set of clauses that follow a language stating that “the following conditions are the agreement” or a similar language. Some use of general information in a contract is recommended, as in a short period of time after the conclusion of the transaction and the signing of the agreement, the reminders of the negotiators may fade and a brief series of statements about the context of the activity may be invaluable if the contract is to be interpreted by a court or arbitrator. License (close) The authorization to use an IP right within a given time frame, context, market line, or area. There are important differences between exclusive and non-exclusive licenses. An exclusive license is “exclusive” to a defined extent, i.e. the license may not be the only one to be granted for a particular IP asset, as there may be many possible fields and areas of use that may also be subject to an exclusive license.