Eps 33 -5 Hot Spots in Your NDAs
Non-Disclosure Agreements have become ubiquitous in US business these days because so much of our economy runs on Intellectual Property. In one of my LinkedIn Live broadcasts, I focus on some critical provisions that appear in most NDAs. I call them the Hot Spots because the person receiving the information (usually called the Recipient) needs to pay close attention to these provisions. In this episode, I review
Why discretion beats an NDA in the preliminary conversation phase of a deal
The 5 Hot Spots that should trigger your Spidey sense
When and why I think there’s one provision that Recipients should simply reject
The special challenge related to an NDA with a potential or existing competitor
In Episode 26, we talked about the benefits of an NDA to make sure the parties are comfortable bringing everything to the table for a full discussion, and this episode is the caveat to that advice – if you are going to enter into an NDA, do so wisely. If you are interested in learning more about how to protect your growing body of IP, contact me today for a consultation.
Connect with Erin to strategize how you might use an online community to help make your business scalable and saleable. hourlytoexit.com/podcast.
Erin's LinkedIn Page: www.linkedin.com/in/erinaustin/
Think Beyond IP YouTube Page: www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos
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As always, podcast episodes provide general information only. So if you have specific copyright questions, I strongly urge you to consult with your IP attorney. If you aren’t sure where to start, contact me for a consultation.
Music credit: Yes She Can by Tiny Music
A Team Dklutr production
For a full transcription of this episode, click here.