If you need an NDA, looking at templates online isn't a bad place to start, but ideally you should work with a lawyer who can write a simple NDA for you or tweak the one you have. You may be able to find someone in your community who can do it for a few hundred bucks.
Confidential Disclosure Agreements (CDAs)/NDAs CDAs are commonly executed when two parties are considering a relationship/collaboration together and need to understand the other's processes, methods, or technology solely for the purpose of evaluating the potential for a future relationship.
Consider using an NDA any time you enter into a confidential business relationship, but especially before you do any of the following: Discuss the sale or licensing of your intellectual property, including any product or technology. Grant employees or contractors access to trade secrets or other proprietary information.
Whether or not the overall agreement has a definite term, the parties' nondisclosure obligations can be stated to survive for a set period. Survival periods of one to five years are typical. The term often depends on the type of information involved and how quickly the information changes.
To enforce an NDA, you typically have to file legal action against the person for breach of contract if you believe they disclosed information they shouldn't have. Employers can also ensure that breaching an NDA is a fireable offense in their employment contracts and handbooks.
A confidentiality agreement should include the names and addresses of the parties to the contract. Consider also including: Reason for the agreement: Explain why you're sharing this information. The information disclosed: Be specific about the subject matter and what exactly is included in the agreement.
An NDA could be unenforceable if it is too broad, is not for a defined time period, covers information that is not confidential, or asks for illegal conduct.
Confidentiality agreements (or non-disclosure agreements (NDAs)) are frequently entered into to protect confidentiality of information disclosed during negotiations for all kinds of transactions such as for the sale of a business, the entry into a partnership or joint venture, when engaging an external consultant and ...
I hereby undertake to treat as confidential all and any information that I receive while participating in the work of evaluating project proposals, to use this information solely for the purpose of evaluation of the proposals, not to disclose it to any third party and not to make it publicly available or accessible ...