Put an enforceable NDA in place that protects your business without undermining third party requirements
Disclosing confidential information or trade secrets to a third party may be required for various business reasons, such as potential investment or partnership, acquisition discussions or demonstrating a new product or technology. While these discussions and disclosure may be of a completely amicable nature with a view to the parties working together in the future, it is important that you are adequately protected from a third party using the information for its own ends or passing it on to others.
Having a pragmatic and commercially focussed NDA in place, which is correctly drafted and legally enforceable, will provide you with the necessary protection while allowing the named third party to use your confidential information as required. Preparing a document that achieves its objectives fairly and reasonably will save negotiation time, avoid unnecessary fees, and reinforce the cooperative spirit of the parties involved.


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