What`s best for your business? It depends on your secrets and how you reveal them. If your business is built around one or two secrets, z.B. a famous recipe or formula, you can identify the materials in a targeted way. You can also use this approach if you pass on one or two secrets to a contractor. If your business focuses on several categories of secret information, such as. B computer code, sales information and marketing plans, an approach to the list of employees and contractors works. If your company has a variety of secrets and is constantly developing new ones, you should target secrets. A Confidentiality Agreement (NDA), also known as a Confidentiality Agreement (CA), Confidential Disclosure Agreement (CDA), Intellectual Property Information Agreement (PIA) or Confidentiality Agreement (SA), is a legal contract or part of a contract between at least two parties that describes confidential information, knowledge or information that the parties wish to share with each other for specific purposes. , but which limit access. Physician-patient confidentiality (doctor-patient privilege-privilege), solicitor-client privilege, priestly privilege, bank client confidentiality and kickback agreements are examples of NDAs that are often not enshrined in a written contract between the parties. In some cases, a company subject to your confidentiality agreement may request the right to exclude information that will be developed independently after disclosure. In other words, the company may wish to modify the subsection (b) to read, “b) was independently discovered or established by the receiving party before or after disclosure by the part of the publication.” A multilateral NOA involves three or more parties, of which at least one of the parties expects to disclose information to other parties, and requires that such information be protected from further disclosure.
This type of NOA renders separate unilateral or bilateral NDAs between only two parties redundant. For example, a single NOA with several parties, each intending to pass on information to the other two parties, could be used instead of three separate bilateral ASOs between the first and second parts, the second and third parties, as well as the third and first parties. The terms of this agreement constitute confidential information. Recipients of confidential information undertake and agree to keep confidential information to third parties without the written consent of the other. A document such as an NDA is nothing if no one is monitoring its application. So if you start working with a contractor by signing an NDA, keep an eye on how information is processed and shared.