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This made me question my understanding of NDAs - are they supposed to restrict usage by the party you told the secret to, or only that they can't share with oth
by thinkloop 9y ago
This made me question my understanding of NDAs - are they supposed to restrict usage by the party you told the secret to, or only that they can't share with others?
- ktta 9y agoDepends on how good your lawyer is. There's no cookie-cutter NDA from Party A to Party B with fixed roles.
- 0xbear 9y agoCookie-cutter NDAs are nearly always very one-sided. Some of the NDAs our company signs with other companies take weeks of lawyers bickering about things that to the uninitiated seem like useless bullshit. But the fact that those things are there in the initial version, and that the lawyers of the other company start out by saying there's no way they will be removed, and then after weeks of bickering agree to the changes should tell you something.
- wpietri 9y agoIt depends on the NDA. But one of the important things you should always think about with a contract is your power to enforce it. Even a small lawsuit can be expensive and painful. Are you willing an able to go the distance against the defendant? If not, the language of the contract doesn't matter.