Description

A Non Disclosure agreement drafted by a local experienced advocate.
This is right for you if you want to protect information about your business and need an advocate to create a strong, personalized confidential agreement.

What's Included

a) Introduction call. A 30-minute phone call to know your advocate and talk about how you will work together.

b) Full support. The advocate will talk to you about your unique needs and create a personalized document for your situation.

What's Not Included

a) Additional work by the advocate after the document is finalized.

You May Also Want To Know

a) What is a Non Disclosure Agreement?
A Non-Disclosure Agreement (NDA) is an agreement in which one or more parties to an agreement agree not to disclose the confidential information specified in that agreement. These agreements are also known as a Confidential Agreement (CA), a Confidential Disclosure Agreement (CDA), a Secrecy Agreement (SA) and a Proprietary Information Agreement (PIA). It outlines the knowledge or information which are confidential and denies the access of that information to any third party. Although NDAs are commonly signed between the two companies, individuals or other entities but an employer can also enter into a Non-Disclosure agreement with his employee.

b) What are the different types of Non Disclosure Agreements?
NDA are of three types:-
-Unilateral NDA: It involves two parties, out of which only one party discloses certain information to the other and expects that the information is prevented from any further disclosure.

-Bilateral NDA: It involves two parties; both the parties disclose information to each other, and both of them intend to protect the information from disclosing to another. E.g.- Joint Venture.

-Multilateral NDA: It involves three or more parties to the agreement, out of which one of the parties discloses the information to other parties and wishes to have that information protected from any further disclosures. These types of NDAs also eliminate the need for distinct unilateral or bilateral NDA.

c) When to sign a Non-Disclosure Agreement?
-NDA while entering into a business deal: While entering into a business deal, like hiring a vendor or supplier or consultant, if you want to ensure that the proprietary information you are sharing with those vendors or service providers, does not become public, then entering into an NDA is a great idea. 
-NDA while starting a new project: On starting a new project and the need to collaborate with a few people, even when commercials are not explicit, or company or partnership isn’t framed, and there is no IP to protect yet, it may pay off to enter into an NDA.
-NDA clauses in contracts: It is a practice that an NDA clause is inserted into all and sundry contracts as a part of special precaution. Unless a part demands its removal, it generally stay. It helps both parties on the whole, as business details have to be treated with caution and can’t be leaked to media, etc., without a doubt even when conflict arises in the course of doing business.
-NDA to protect trade secrets: We often advocate signing a trade secret non-disclosure agreement when trade secret requires protection. It is not yet a practice in India but a very useful step. Top executives and employees should be made to sign such agreements. It goes a long way in preventing them from jumping into business with the same information and competing with the former employer.

d) Should you sign NDA while talking to investors? 
Many people used to do this in the past. However, it is an unnecessary practice and is becoming obsolete now. Most investors will refuse to sign such an NDA for early discussions. Only if and when the need arises to look inside the papers like revenue numbers or a particular technology or some sensitive data at an advanced stage of considering the company for investment, a request to sign an NDA first may be made.

e) How does an NDA protect Intellectual Property Rights? 
Companies protect their Intellectual Properties in many ways. One of the ways is by entering into a “Non-Disclosure Agreement”. This confidential document or agreement lets the company share its intellectual property with those whose input it needs without even putting a risk of loss, harm or failure that the information would be shared with anyone else.