West Virginia Mutual Nondisclosure Agreement with Proprietary Rights Clause

State:
Multi-State
Control #:
US-L0511AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Mutual Nondisclosure Agreement with Proprietary Rights Clause document, is adaptable for use with entertainment, new products, intellectual property/multimedia business and other related areas. Tailor to fit your circumstances. Available in Word format.
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  • Preview Mutual Nondisclosure Agreement with Proprietary Rights Clause
  • Preview Mutual Nondisclosure Agreement with Proprietary Rights Clause
  • Preview Mutual Nondisclosure Agreement with Proprietary Rights Clause
  • Preview Mutual Nondisclosure Agreement with Proprietary Rights Clause

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FAQ

The specific information that should be protected by a mutual NDA will depend on the circumstances of the agreement, but generally includes any information that is not generally known to the public and that has commercial value to the disclosing party.

How to write a non-disclosure agreement: What's included? Introduction. Definition of confidential information. How to handle confidential information. Exclusions from confidential information. Obligations of receiving party. Duration of agreement. Resolving disputes. Integration.

The red flag of misuse is when you ask for an NDA for a pitch meeting, a meet and greet, or a job interview. If your idea can be stolen after meeting someone for an hour for the first time, causing you irreparable harm in market, it's probably not a very good idea, or you're a terrible business person.

NDAs can last anywhere from a few days to a few years. After this period, you can disclose the information shared with you, including the fact that you have signed an NDA.

A typical confidentiality clause might say, "The phrases and circumstances of this Agreement are completely confidential between the parties and shall not be disclosed to anybody else. Any disclosure in violation shall be deemed a breach of this Agreement."

You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.

The short answer is yes?Canadian courts have, for the most part, held up NDAs as enforceable. However, there are a few important caveats: NDAs must meet requirements for being reasonable and of legitimate business interest (we'll explain those requirements in more detail below).

disclosure agreement (NDA), also sometimes referred to as a confidential disclosure agreement (CDA) or a proprietary information agreement (PIA), is a legal contract between at least two parties which outlines confidential materials or knowledge.

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West Virginia Mutual Nondisclosure Agreement with Proprietary Rights Clause