A special kind of contract that binds the parties to confidentiality and exclusivity obligations during the due diligence phase of a corporate transaction is called a

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A Letter of Intent (LOI) often includes confidentiality and exclusivity clauses to protect both parties' interests during the due diligence phase of a corporate transaction, ensuring that sensitive information is not disclosed and that the parties do not negotiate with others for a specified period.

A Special Kind of Contract That Binds the Parties to Confidentiality