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ARTICLE · 19 FEBRUARY 2024

A Different Approach To Drafting An NDA

I have been discussing Non-Disclosure Agreements (NDAs) a bit over the last few days.

IndiaCorporate/Commercial Law

I have been discussing Non-Disclosure Agreements (NDAs) a bit over the last few days.

Typically, NDAs come in a standard, take-it-or-leave-it form from the discloser to the disclosee - the latter has no say, more or less.

A different or contrarian approach to drafting an NDA could involve the following:

Tailor it to specific situations: Instead of using a standard template, create a customised non-disclosure agreement, addressing the unique needs and concerns of the parties in the current matter. This might include more precise definitions of what constitutes confidential information and how it should be handled.

Collaborative Approach: Shift the focus of the non-disclosure agreement from solely protecting proprietary information to also fostering collaboration. Include clauses that outline how the parties can jointly develop new ideas and technology while still protecting their core intellectual property.

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