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Generational Equity Agreement - Generational Equity Contact

You need to realize though that many people are just not going to sign
confidentiality agreements. This is not because they plan on stealing
your invention but because if they sign they are creating liability for
themselves. Take for example an investor who may have hundreds of
inventions and ideas sent to them every week. The likelihood is that
more than one person may come up with something similar, and if they
sign a confidentiality agreement with you even if they keep your work
confidential it might seem to you that they stole your invention, but
what really happened is someone else submitted something similar. For
some, the risk posed is just to great to consider signing a
confidentiality agreement. This is exactly why the invention scam
companies exist because they sign confidentiality agreements left and
right. The ploy is not to steal an invention, but to sell you over
priced and unnecessary services. So those who are not sophisticated run
into the arms of the scam artists because attorneys and reputable
business people refuse to sign confidentiality agreements. Sad really,
but that is the state of things unfortunately.

# No Use. Some non-disclosure agreements forget this important
element. The Discloser wants to make sure the Recipient does not use
the information for any purpose other than that set forth in the
agreement.

# Limits on Information Deemed Confidential. Practically every
non-disclosure or confidentiality agreement puts some limits on the
type of information that will be deemed confidential. For instance, if
the Recipient already knew the information before it was revealed by
the Discloser, or if the information was revealed to the Recipient by a
third party, that information will not be treated as confidential under
the agreement. Other possible limits include information that becomes
publicly known, information that is requested by order of a government
agency, or information that is independently developed. The Discloser
may require a certain level of proof before such information is
considered non-confidential.

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A non-disclosure agreement (NDA), also known as a confidentiality
agreement, confidential disclosure agreement (CDA), proprietary
information agreement (PIA), or secrecy agreement, is a legal contract
between at least two parties that outlines confidential material,
knowledge, or information that the parties wish to share with one
another for certain purposes, but wish to restrict access to by third
parties. It is a contract through which the parties agree not to
disclose information covered by the agreement. An NDA creates a
confidential relationship between the parties to protect any type of
confidential and proprietary information or trade secrets. As such, an
NDA protects non-public business information.

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Mutual confidentiality agreements are useful when both parties will be
conveying confidential information, such as for inventor groups.
Unilateral confidentiality agreements, which are probably most common
in the inventing arena, are used when only one party is turning over
confidential information, perhaps to a potential investor or
prospective licensee.

Don't miss out, learn more:
Generational Equity Agreement
Generational Equity Agreement
Generational Equity Agreement
Generational Equity Agreement
Generational Equity Confidentiality