12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

What is a Non-Disclosure Agreement in Dansville, MI

What is a Non-Disclosure Agreement in Dansville, MI


An NDA protects nonpublic business information for the parties that wish to share information with one another for purposes of a potential or actual business relationship.
 
- Anonymous


A non-disclosure agreement (NDA) is a legal contract that outlines confidential materials, information and knowledge between two or more parties.

The agreeing parties consent not to disclose information covered by the agreement. This is to protect confidential and proprietary information or trade secrets; as such NDA creates a confidential relationship between the parties. They can share information with one another and these information will be protected or restrict access by third parties because of the NDA. Nonpublic business information will be protected.

In a corporate setting, an employee can be made to sign an NDA or NDA-liked agreement. It will likely contain employment agreement restricting dissemination of company-owned confidential information.

An NDA is also known as a confidentiality agreement (CA), a proprietary information agreement (PIA) a confidential disclosure agreement (CDA) or a secrecy agreement.

Types of NDA's:

• Unilateral NDA. Refers to a one way agreement where disclosure of certain information of a party to another should remain secret because of some pertaining reasons.

• Bilateral NDA. Both parties will be supplying information that is intended to be keep as a secret. This mutual agreement between both parties is commonly done when considering some joint venture or merger.

Contents of an NDA

An NDA is capable of protecting any kinds of information that is not known generally. NDA can also contain some part or article that can protect the receiving person if they obtained the information through other sources. They will not be obligated to keep the information a secret.

Common issues addressed in an NDA may include:


• Outline the parties to the agreement.
• The definition of what is confidential.
• The period of disclosure and the specific information that should not be disclosed during the disclosure period. After the date indicated, the information is no longer deemed confidential.
• The exclusions from what must be kept confidential. Restrictions on the disclosure or use of the confidential data will be invalid if :

• the recipient had prior knowledge of the materials
o the recipient gained subsequent knowledge of the materials from another source
o the materials are generally available to the public
o the materials are subject to a subpoena

• Provisions restricting the transfer of data in violation of national security
• The term (in years) of the confidentiality,
• The term (in years) the agreement is binding
• Permission to obtain ex-parte injunctive relief
• The obligations of the recipient regarding the confidential information, typically including some version of obligations:

• To use the information only for enumerated purposes
• To disclose it only to persons with a need to know the information for those purposes
• To use appropriate efforts (not less than reasonable efforts) to keep the information secure. Reasonable efforts is often defined as a standard of care relating to confidential information that is no less rigorous than that which the recipient uses to keep its own similar information secure
• To ensure that anyone to whom the information is disclosed further abides by obligations restricting use, restricting disclosure, and ensuring security at least as protective as the agreement

• Types of permissible disclosure - such as those required by law or court order
• The law and jurisdiction governing the parties. The parties may choose exclusive jurisdiction of a court of a country
 
Personalize & Print a Free MI Partnership Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
 
Personalize & Print a Free MI Consulting Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Related Legal Services near Dansville, MI
Kiebel Law Office PLC
2675 44th St SW Ste 302
Wyoming, MI 49519
(616) 422-7665
Family Law Attorneys,  Juvenile Law Attorneys,  Legal Service Plans,  Bankruptcy Law Attorneys,  Att
Hampel, Jeffrey
2000 28th St SW
Wyoming, MI 49519
(616) 534-7522
Attorneys, General Practice Attorneys
Jackson Frank
19401 W McNichols Rd
Detroit, MI 48219
(313) 766-7019
General Practice Attorneys, Labor & Employment Law Attorneys, Attorneys
Sullivan James H PC
2219 28th St SW Ste 102
Wyoming, MI 49519
(616) 531-6060
Attorneys Referral & Information Service, General Practice Attorneys, Attorneys
Perkins Linda
19401 W McNichols Rd
Detroit, MI 48219
(313) 255-5800
General Practice Attorneys, Attorneys
Lentz Gary E
19300 Lathers St
Detroit, MI 48219
(313) 242-5085
Attorneys
Anderson Jr Thomas D
30 N Main
Cedar Springs, MI 49319
(616) 696-1930
Attorneys
Stolcenberg Richard
1777 28th St SW
Wyoming, MI 49519
(616) 532-1666
Attorneys
Stolcenberg Richard
5102 Byron Center Ave SW
Wyoming, MI 49519
(616) 532-1666
Accident & Property Damage Attorneys,  Attorneys,  Personal Injury Law Attorneys,  Wrongful Death At
Benjamin J White PC
18211 W Mcnichols Rd
Detroit, MI 48219
(313) 543-0204
Attorneys
PrimeSource Healthcare
2780 Woodlake Rd SW
Wyoming, MI 49519
(616) 719-0155
Social Security & Disability Law Attorneys
Grand Rapids Law Group
1779 28th St SW
Wyoming, MI 49519
(616) 530-0101
Criminal Law Attorneys, Family Law Attorneys, Immigration Law Attorneys
Elizabeth Reyes
1779 28th St SW
Wyoming, MI 49519
(616) 530-0101
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US