In Today’s era, Data / Information - a new Resource ( intangible asset) at the same time Collaboration in business is inevitable.
Each party’s data can be different so as confidentiality requirements
Some of data is protected by Patent and other laws, to protect all other data, NDA is used.
NDA acts as a legal proof for receipt of information .
Forms of Data, which NDA protects is : Information , Financials details , Drawings, Procedure , Method , Picture, etc
NDA is normally with Vendors, Contractors. Signing NDA’s with Employees has become a recent trend for protection of information shared with Employees
We have numerous cases where, we made Owners, modify the restrictive / un warranted clauses in the NDA
Drafting a new Non-Disclosure Agreement for various purposes like protecting against Vendors, Contractors or consultants, etc, at the same time NDA’s with Employees.
Vetting and negotiating for NDA draft received from other party and can remove or modify the unwarranted or restrictive clause.
Our roles does not end in drafting or advising but to negotiate for you and see to it that what is required for your business is included in the signed NDA