The Licensing Corner
Rooney Nimmo PC
THE PERFECT NON-DISCLOSURE AGREEMENT (AND TOP 5 NDA PET PEEVES)
Among the nearly infinite variety of legal agreements in use today, the non-disclosure agreement for general bilateral business discussions is by far the most ubiquitous. If measured only by the frequency of its use and the significance of its impact, a company’s NDA template is arguably its most important. The $200 million verdict against Oculus for breach of a rather simple NDA1 speaks volumes as to how critical such an agreement can be.