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Nondisclosure Agreement Regarding Proprietary and Licensed Material

State:
Multi-State
Control #:
US-L0512AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Nondisclosure Agreement Regarding Proprietary And Licensed Material document, is adaptable for use with entertainment, new products, intellectual property/multimedia business and other related areas. Tailor to fit your circumstances. Available in Word format.
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FAQ

The NDA should clearly state the start and end date for the period of time in which the information may be exchanged between the parties. For example, you may wish to trade confidential information only at the start of the business collaboration. State the dates specifically.

A confidentiality agreement is a legal tool that binds one or more parties to non-disclosure of confidential or proprietary information. An NDA is actually a type of confidentiality agreement that establishes a confidential relationship and legally binds any signed parties to that relationship.

NDAs are legally enforceable contracts, but they're now coming under increased scrutiny from lawmakers, attorneys and legal experts.Companies often use them as part of an employment contract or settlement agreement to protect sensitive information like trade secrets.

A definition of confidential information. Who is involved. Why the recipient knows the information. Exclusions or limits on confidential information. Receiving party's obligations. Time frame or term. Discloser to the recipient.

A Proprietary Information Agreement is a legally binding contract that stipulates that a number of parties must not disclose confidential supplies, data, or information as outlined by the contract to a different third party.

Identification of the parties. Definition of what is deemed to be confidential. The scope of the confidentiality obligation by the receiving party. The exclusions from confidential treatment. The term of the agreement.

Publicly available information. Information you already possess or may acquire on your own. Information you can prove you learned of independent of the protected information provided for under the NDA. Information received by a 3rd party source.

1. Confidentiality Agreement is used when a higher degree of secrecy is required. Non-disclosure implies you must not disclose personal or private information. But keeping confidential implies you be more proactive in making sure information is kept secret.

NDAs keep people from sharing trade secrets, proprietary knowledge, client information, product information, and strategic plans. NDAs keep people from making a profit on any secret company information. NDAs usually say that a company owns things that get developed or produced during someone's employment.

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Nondisclosure Agreement Regarding Proprietary and Licensed Material