Profit Division_ The financial aspect of a business is often the root of all issues. Before going into the commitment, clearly define the profit sharing process and percentage of all parties. This may be based on what each partner will bring into the table_ skills, finance, or other wise.
The confidentiality agreement is in many ways the equivalent of a non_disclosure agreement in that it is intended to protect the company from the loss of any confidential information or intellectual property. While the two agreements may be similar in nature, you will find that the major difference between the two are the penalties should an employee breach the contract and divulge any confidential information. The more serious penalties are reserved for a confidentiality agreement and can result in criminal lawsuits and very large fines if not prison sentences.