How do I draft a non-disclosure agreement clause?

How do I draft a non-disclosure agreement clause?

To draft a non-disclosure agreement (NDA) clause, start by defining the confidential information clearly. Include the obligations of the receiving party to protect this information and specify the duration of the confidentiality.

What should I include in the definition of confidential information?

The definition should include any proprietary data, trade secrets, business plans, and any other sensitive information that needs protection. Be specific to avoid ambiguity.

How long should the confidentiality last?

Typically, confidentiality lasts for 2-5 years after the termination of the agreement, but it can vary based on the nature of the information.

Can I include exceptions to the confidentiality clause?

Yes, you can include exceptions, such as information that becomes public knowledge or is disclosed by a third party without breach of the NDA.