Single-use confidentiality agreements contain only obligations of one of the parties. This type of agreement is common when you are developing a new product or service and looking for potential suppliers or partners. A legally binding confidentiality agreement requires a party to keep certain information confidential or to assume the legal consequences.4 min read The General Data Protection Regulation (GDPR) has an impact on confidentiality agreements, which must be designed (or updated if they already exist) to ensure that the provisions comply with the requirements of the rules. Our data protection lawyers can advise you on this. If you want to prevent an employee or other third party from competing with your company during the term of the confidentiality agreement or for a set period of time after you leave or the end of the agreement, it is possible to protect your interests by imposing a non-compete clause. . . .