Enforceable Nondisclosure Agreements: Protecting Trade Secrets and Other Confidential Business Information

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, February 6, 2018

Recorded event now available

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Program Materials

This CLE webinar will provide guidance to business counsel for drafting nondisclosure agreements (NDAs) prior to engaging in confidential business negotiations. The panel will examine key contract provisions and exclusions, common negotiation challenges, and best practices to minimize the risk of litigation for misappropriation of confidential information.

Description

Businesses considering a new product or service or entering a joint venture with another business often use NDAs, also known as confidentiality agreements, to protect trade secrets, intellectual property and confidential information from misappropriation by the parties with whom they discuss their ideas.

NDAs protect the exchange of information, knowledge or materials that are not publicly known or available. Failure to enter into an NDA at the start of business discussions may lead to litigation if one of the parties develops a similar service or product in the future.

Well-drafted confidentiality agreements outline the definition of confidential information, the parties with whom the information can be shared, and the time frame the NDA governs. Business counsel must understand the latest drafting techniques and common challenges in negotiating terms in order to provide useful guidance to their clients.

Listen as our panel seasoned in negotiating and drafting NDAs outlines best practices based on their experiences with the contracts. The panel will examine provisions commonly included in the agreements, typical exclusions and potential legal pitfalls facing businesses engaged in NDA contract negotiations.

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Outline

  1. Key provisions in NDAs
    1. Definition of confidential information
    2. Restrictions on use and disclosure of information
    3. Exclusions to disclosure prohibitions
    4. Return of confidential information
    5. Enforcement and remedies
  2. Best practices in negotiating NDAs

Benefits

The panel will review these and other key issues:

  • What complex legal and business issues must counsel consider during NDA contract negotiations?
  • What are the key provisions that should be included in NDAs?
  • What are some best practices for resolving disputes arising during contract negotiations?

Faculty

Clark, Chris
Chris Clark

Founder
The Law Office of Chris Clark

Mr. Clark has 15 years of experience in private practice and spent three years serving as general counsel for a...  |  Read More

Neurman, Jeff
Jeff Neurman

Founding Partner
Farkas & Neurman

Mr. Neurman’s practice focuses on assisting venture capital firms, investment platforms, non-U.S. businesses,...  |  Read More

Saeedi, Daniel
Daniel R. Saeedi

Partner
Taft Stettinius & Hollister

Mr. Saeedi’s principal practice areas are labor and employment law and corporate litigation. He has represented...  |  Read More

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