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by tptacek
6059 days ago
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I just looked at 4 NDAs we recently handled from megacorps, and all of them were very clear that the NDA covered: * valuable or sensitive information * that was disclosed by the client to the vendor * that hadn't been publicly disclosed by anyone * and hadn't been known to the vendor prior to the NDA * and hadn't been disclosed to the vendor by someone else sans-NDA That seems to me like extraordinary care not to be overbroad. These were megacorp boilerplate MNDA's, not something we had to negotiate. Three of these NDA's, from totally different megacorps, used literally identical language to define "Confidential Information". |
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We've never worked with a megacorp, so its nice to know they're handling this in a more professional manner than some of the folks I've encountered. An NDA is certainly a stupid thing to derail a business deal.