Intellectual Property Law

New Matter FALL 2020, Volume 45, Number 3

The Licensing Corner

Sean Hogle

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.

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