This workflow is designed to create documents for the sharing of information between parties who have or may have a business relationship, where one party (the Discloser) intends to share certain Confidential Information with the other party (the Recipient). The Discloser wishes to protect the confidentiality of its information and requires the Recipient to take certain precautions to protect that information. The parties also wish to confirm their understanding and agreement that the Recipient will not be bound by any restrictions on its use or disclosure of the Confidential Information except as set out in this Agreement.
Ontra is the global leader in Contract Automation and Intelligence for private asset management firms. The Ontra platform combines AI-enabled software with a worldwide network of highly trained lawyers to modernize recurring legal workflows. Ontra’s solutions improve all aspects of the contract lifecycle — from negotiating and processing routine contracts to tracking obligations in complex agreements. Ultimately, Ontra reduces the time, expense, and risk associated with contract management, freeing its customers to focus on other strategic priorities.