The non-disclosure agreement, or NDA, is an important tool for many businesses. A properly organized, signed NDA helps protect the company’s intellectual property, such as inventions, new business ideas, financial and marketing data, and other confidential or proprietary information.
The NDA document itself may be fairly straightforward. The essential elements (parties, definition of confidential information, confidentiality obligations, exceptions, and terms of the agreement) can often be listed in a few pages. Don’t let the relative simplicity of an NDA lead you to overlook these blind spots.Read More