For too many businesses, getting an NDA over the line means hunting through a shared drive to find an up-to-date template, tracking changes in Word, negotiating over email, signing inDocuSignand then trying to make sense of where to store it. This is frustrating, time-consuming and prone...
The best way to create an NDA template, as with any other contract, is to examine what has worked best for your organization in the past. If your team hasn’t already entered any NDAs, then you can start with the most basic requirements and add to your standard agreement over time, bas...
Period of Enforcement / Termination of Confidentiality– The NDA would definitely specify the length of time the agreement is in force. No potential buyer would like to get tied up with an agreement for an indefinite period. Generally, an agreement is in force for a period of one or two yea...