It’s all about getting the conversation started...
Confidentiality agreements, or NDAs as they say, are terrific conversation starters between businesses looking to collaborate. The terms can usually be straight forward, but a conversation with your lawyer can determine whether a simple NDA is enough protection for what it is that your business does.
Discuss with Janey on what will be relevant for you so that she can prepare a confidentiality agreement specific for your business.
- Clear purpose.
- Correct parties.
- Expiry of term.
- Consequences of a breach.
- Mutual or one-way?
- Industry specific nuances.
- Is a short-form NDA suitable protection?