This form is a "Residuals" Clause for Basic Nondisclosure Agreement usable in agreements regarding nondisclosure of licensing, patents, or commercial trade secrets. The residuals clause allows some disclosures of confidential information under certain limited circumstances.
District of Columbia Residuals Clause for Basic Nondisclosure Agreement
State:
Multi-State
Control #:
US-TS8025A
Format:
Word;
PDF;
Rich Text
Instant download
Description
How to fill out Residuals Clause For Basic Nondisclosure Agreement?
Have you been within a place the place you require files for sometimes company or individual reasons nearly every working day? There are tons of legitimate document themes accessible on the Internet, but finding types you can rely on isn`t effortless. US Legal Forms offers thousands of form themes, much like the District of Columbia Residuals Clause for Basic Nondisclosure Agreement, that are written in order to meet federal and state specifications.
If you are already acquainted with US Legal Forms internet site and possess a free account, just log in. Next, you are able to obtain the District of Columbia Residuals Clause for Basic Nondisclosure Agreement format.
Should you not have an bank account and need to begin using US Legal Forms, follow these steps:
- Discover the form you want and ensure it is for the proper metropolis/county.
- Use the Preview key to analyze the shape.
- See the explanation to ensure that you have selected the correct form.
- In the event the form isn`t what you are seeking, utilize the Search industry to discover the form that suits you and specifications.
- Whenever you get the proper form, click on Buy now.
- Opt for the rates prepare you desire, fill out the necessary info to produce your bank account, and buy your order utilizing your PayPal or Visa or Mastercard.
- Select a handy document formatting and obtain your duplicate.
Find all of the document themes you may have bought in the My Forms menus. You may get a additional duplicate of District of Columbia Residuals Clause for Basic Nondisclosure Agreement at any time, if needed. Just click the essential form to obtain or print out the document format.
Use US Legal Forms, one of the most comprehensive collection of legitimate forms, in order to save some time and avoid mistakes. The support offers professionally made legitimate document themes that you can use for an array of reasons. Create a free account on US Legal Forms and begin creating your lifestyle easier.
Form popularity
FAQ
Fixed compensation clauses will provide for the discloser to be paid a pre-determined amount (rather than an amount calculated by the actual loss suf- fered if the recipient breaches the NDA). They are often referred to as a ?penalty? or ?liquidated damages? clause.
Residuals clauses are predominantly found in Confidentiality Agreements and are clauses specifically drafted with the intention of permitting a party disclosing confidential information to avail itself of, share such information and ideas which are maintained as a seeming direct consequence of the constructive ...
All Confidential Information of a party shall remain the exclusive property of such party, and no right, title or interest in or to any of the Confidential Information or any material developed therefrom is transferred to the recipient party hereby or by its delivery to the recipient party hereunder.
Obligations can include: not using or exploiting the confidential information in any way except for the purpose; not recording the confidential information except as strictly necessary for the purpose; not transmitting it in any form or by any means outside its usual place of business; and not directly or indirectly ...
What is Residuary or Residual Clause? A clause in a will that disposes of any estate property that remains after satisfaction of all other gifts.
A residual clause is a contractual provision typically found in non-disclosure agreements where a party receiving confidential information may use or disclose the same without violating the terms of the agreement.
This clause allows the receiving party to use, without restriction, some ?residual? information that is received during the course of the relationship between the parties, usually covering information that a party's personnel recollects from its ?unaided memory.? A ?residuals? clause can raise concerns for the ...
Typically, a legal professional writing the NDA will complete these steps: Step 1 - Describe the scope. Which information is considered confidential? ... Step 2 - Detail party obligations. ... Step 3 - Note potential exclusions. ... Step 4 - Set the term. ... Step 5 - Spell out consequences.
