Therefore, taking into account the reciprocal agreements set out therein and for other good and valuable counterparties whose receipt and adequacy are confirmed, the parties agree as follows: the agreement will also detail how such information may be disclosed and would prevent the publication of information without the agreement of both parties. In addition, this type of agreement contains a clause that discusses the possible consequences if the information has been disclosed by one of the parties. Examples of this would be those who would pay the costs of legal proceedings and all other sanctions for breach of the agreement. Use our reciprocal confidentiality agreement template to establish a thorough agreement and make sure you don`t run out of key components. 3. .