Fax E-Signature Non Disclosure Agreement For Free

Use a one-way NDA if only you are disclosing information and a mutual NDA if both parties are. If the NDA is one-way only, it may need to be executed as a deed to make it enforceable. This is easy to do, so don't make what should be a one-way agreement into an artificial mutual agreement.

Companies use NDAs to protect confidential data when exchanging information with partners, clients, and customers. These agreements specify that certain information should not be disclosed. Electronic signatures make it easy to quickly execute and sign NDAs.

To be valid, a Non-Disclosure Agreement only needs two signatures ? the disclosing party and the receiving party. It doesn't need to be notarized or filed with any state or local administrative office.

To create a legally-binding non-disclosure contract, you must use specific language when defining confidential information, parties, and scope. Broad language that can be interpreted many ways may not hold up in a legal dispute.

When drafting an NDA, it is critical to be as specific as possible. A contract can be declared null and void if the language is unduly broad, irrational, or onerous. Agreements that are overly broad, oppressive, or attempt to contain non-confidential information will also be challenged or invalidated by the courts.

Thanks to the ESIGN act, e-signatures are acceptead in NDA contracts by the majority of countries in the world. Usually, valid electronic signatures are deemed to carry the same legal weight as typical wet-ink signatures.

With all of that said, if you still feel it's worth getting people to sign an NDA, there's a really great way to ask someone politely to do it. Say this: "In the interest of maintaining good governance with future investors, we're asking that anyone closely involved with this project at this early stage sign an NDA."