Stick to the Core: 8 Essential Provisions of Non-Disclosure Agreements

Author: Ruth Gondwe, Commercial Lawyer
Published: 13.12.2022
Non-disclosure agreements (NDAs) are, by nature, transitionary agreements. A date before the relationship. A starter before the main meal. The business goal is to leverage the NDA to get to know the other party well enough that you can decide whether you want to work together. But I often see contracts professionals over-thinking NDAs to the point that they end up killing any potential for a business deal. My advice is for both the contract drafter and the contract reviewer to stick to the core of the agreement. In this article, I outline eight essential provisions of NDAs that negotiating…