E33: 5 Hot Spots in Your NDAs

Non-Disclosure Agreements have become ubiquitous in US business these days because so much of our economy runs on Intellectual Property. In one of my LinkedIn Live broadcasts, I focus on some critical provisions that appear in most NDAs. I call them the Hot Spots because the person receiving the information (usually called the Recipient) needs to pay close attention to these provisions. In this episode, I review

• Why discretion beats an NDA in the preliminary conversation phase of a deal
• The 5 Hot Spots that should trigger your Spidey sense
• When and why I think there’s one provision that Recipients should simply reject
• The special challenge related to an NDA with a potential or existing competitor

In Episode 26, we talked about the benefits of an NDA to make sure the parties are comfortable bringing everything to the table for a full discussion, and this episode is the caveat to that advice – if you are going to enter into an NDA, do so wisely. If you are interested in learning more about how to protect your growing body of IP, contact me today for a consultation.

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/

Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos

Music credit: Yes She Can by Tiny Music

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