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Non-Circumvention Agreement
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Frequently Asked Questions
What is a Non-Circumvention Agreement?
A Non-Circumvention Agreement is a contract intended to protect parties participating in a business deal. Non-circumvention agreements are signed to prevent one party from bypassing, or ‘circumventing’, the other party; and, to guarantee full compensation will be received in the event that such a circumvention does occure.
In many business deals, one party may introduce another party to its customers, vendors, or another high-value party during a transaction. By giving a party this exposure, the disclosing party may worry they will be ‘cut out’ of a deal. This is exactly why the non-circumvention agreement was created.
This agreement is often used in partner arrangements where one party may not show signs of trustworthiness or possibly it is just a precaution taken when someone new or unknown is being worked with.
Types of Non-Circumvention Agreements?
There are two types of Non-Circumvention Agreements … you can make either type with this iLawyer Questionnaire.
One-Way Non-Circumvention Agreement |
This type of Non-Circumvention Agreement is used when only one party is sharing valuable information about their business contacts and/or method of doing business. |
Two-Way Non-Circumvention Agreement |
This type of Non-Circumvention Agreement is used when both parties to the agreement are sharing valuable information about their business contacts and/or method of doing business. |
How do I get a Non-Circumvention Agreement?
You can make a Non-Circumvention Agreement with iLawyer right now.
Click the CREATE DOCUMENT NOW button at the top of this page to start building your quality personalised Non-Disclosure Agreement.
Can a Non-Circumvention Agreement be signed between individuals?
Yes.
Non-Circumvention Agreements can be signed between 2 individuals; it can also be signed between an individual and a company; and, between 2 companies.
Can a Non-Circumvention Agreement be signed electronically?
Yes.
iLawyer’s Non-Circumvention Agreement contains a clause that confirms the document can be signed in one or more “counterparts”. This means the parties to the Agreement can sign it separately and send each other copies of their signed agreement over by email.
Do you need an attorney for a Non-Circumvention Agreement
There is no legislation or legal requirement that an attorney drafts or prepares a Non-Circumvention Agreement.
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