Who a non-disclosure agreement is for
A non-disclosure agreement is worth having whenever sensitive information is shared with a prospective investor, a business partner, an employee or a supplier, so that the information does not reach competitors or the media. It is equally useful before a due diligence exercise, where the counterparty is given access to figures, contracts and technical documentation. A carefully drafted agreement gives a basis for compensation where the other party breaches its terms.
What is worth protecting through an NDA
Non-disclosure agreements usually cover trade secrets, business strategies, client lists, financial data, formulations, source code, development plans and any other information that gives a business a competitive advantage. The more precisely the protected information is defined, the stronger the position when a claim is pursued. We also set the duration of the obligation and the permitted use, so that the receiving party knows what it may do with the information and for how long.
Price and scope
The fee starts from EUR 600 net and covers a typical, uncomplicated case, for example a one-way agreement between two parties with a standard set of provisions. A mutual agreement, several parties or extensive negotiation of the clauses raises the price. The final scope and the fee are confirmed before the work starts.