Sample wording: “The receiving party shall not disclose any confidential information to any third party for a period of [X] years from the date of this agreement.” Conflicts of interest clauses: Require disclosure of any potential conflicts of interest and often include terms for how they are to be managed.

Contract of adhesion—standardized contract which imposed and drafted by the party of superior bargaining strength relegates to the subscribing party only the opportunity to adhere to the contract or reject it.

Your trusted source for emerging developments in Litigation and Compliance. Law Insider is designed to provide litigation and compliance professionals, like you, with indispensable insights to succeed in law and business. Stay on the forefront of what Matters in Litigation and Rules in Compliance.

Principle. Traditionally, contracts which contain an agreement to agree certain contractual terms in the future have been held unenforceable as being too uncertain.