Confidentiality agreement: Difference between revisions

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{{confi basic structure}}
{{confi basic structure}}


==What’s in a [[confi]]?==
Confis can be “one way”, where one party discloses and the other receives, or “two way”, where both parties disclose sensitive information. A [[broker]]’s template will tend to be far more generous when it is receiving only, than when it is giving information up. I know this may come as a shock to some of you.
==The [[OneNDA]]==
==The [[OneNDA]]==
Nowadays there is a market standard commercial non-disclosure called the [[OneNDA]]. It solves a lot of problems, does away with much of the small-minded drizzling that tends to go with NDA negotiation, and really removes much of the need for this page. The JC was fairly heavily involved with its production so I’m kind of biased, but it’s pretty neat.
Nowadays there is a market standard commercial non-disclosure called the [[OneNDA]]. It solves a lot of problems, does away with much of the small-minded drizzling that tends to go with NDA negotiation, and really removes much of the need for this page. The JC was fairly heavily involved with its production so I’m kind of biased, but it’s pretty neat.
====Length====
Firstly, let’s be blunt about this: there is a special place in hell for [[legal eagle|any advisor]] who serves up a confidentiality agreement more than 3 pages long. Even three pages is purgatorially tedious. GET TO THE POINT. It’s a goddamn [[confi]], not the sale of your soul. Oh hang on.
===What a confi shouldn’t have===
The following often make their way into a confi agreement, though none really have any business being there.
*An [[exclusivity clause]]
*A [[non-solicitation clause]]
*An [[indemnity]]


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