the non-disclosure agreement - amazon s3 · • generic%butgoverned%by%the%laws%of%the% ... limited...
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The non-disclosure agreement
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Many different forms • O"en called a confiden,ality agreement • Many businesses have their own version
• Business owner’s accountant or lawyer o"en provide
• All investors use standard templates created by their governing bodies
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Many different forms
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Key elements of a nda • Having your own version shows you are prepared, serious and organised (see template)
• Time sensi,ve (1 year, 3 years, 5 years, etc.)
• Protects the seller upon you using or releasing sensi,ve informa,on (employees, customers, financial data)
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Key elements of a nda
• WriJen from SELLER to BUYER (you)
• Generic but governed by the laws of the country the business is registered in
• Protects the seller upon you using or releasing sensi,ve informa,on, o"en with a financial penalty
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Take to the first meeting
• Leave with the seller for signing (2 copies)
• Some may just sign in front of you
• Then produce the basic informa,on requirements list (see next video)
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The non-disclosure agreement