Fabienne 1 year, 1 month ago
The NDA is for Company to Company, not a personal NDA.
As it happens, if one is a Company Director however; why their isn’t a personal non disclosure agreement?
What are the disadvantages if I sign an NDA as individual or if a client sign a n NDA as an individual?
Many thanks1 Reply
Laura HandrickModerator1 year, 1 month ago
A non-disclosure is simply a confidentiality agreement. If you sign it as a company, you’re ensuring that your entire company (and all it’s people) won’t disclose the other companies proprietary secrets. For example, if you’re an IT company and doing work for a marketing company, it would promise that your IT company wouldn’t disclose content of the company you’re doing work for. Of course, unless you’re a company director, your company NDA probably wouldn’t hold up anyhow, since a lower level worker doesn’t have control of employees throughout the whole organization. The only reason I can think that a company would want a B2B NDA is if you’re having employees work with you, and they want to protect themselves, not just from you disclosing proprietary info, but from anyone in your business doing so. Although we can’t provide legal advise, I suggest you consider reading the NDA very closely to make sure you’re comfortable with what it says. Otherwise, have an attorney look it over and advise you. Here’s more on what is typically in an NDA: https://fitsmallbusiness.com/non-disclosure-agreement-confidentiality-agreement/
And here’s a link if you need to find a business lawyer: https://fitsmallbusiness.com/small-business-lawyer/
Best of luck to you!,
- This reply was modified 1 year, 1 month ago by Laura Handrick. Reason: added a word
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