Evaluation agreement
Term · Law · MLC-T-LAW-001939
A contract between parties that permits one party to review confidential information or intellectual property belonging to the other party for the purpose of assessing its value or potential for a future business relationship. This agreement outlines the scope of the evaluation, the permitted uses of the information, and obligations regarding confidentiality. It is commonly used before a merger, acquisition, or licensing deal.
| Identifier | MLC-T-LAW-001939 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001939",
"term": "Evaluation agreement",
"field": "Law",
"definition": "A contract between parties that permits one party to review confidential information or intellectual property belonging to the other party for the purpose of assessing its value or potential for a future business relationship. This agreement outlines the scope of the evaluation, the permitted uses of the information, and obligations regarding confidentiality. It is commonly used before a merger, acquisition, or licensing deal.",
"url": "https://mlchart.com/terminology/law/evaluation-agreement/"
}
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