Five things:
- How much of what you disclose should be confidential?
- Exceptions to confidentiality (such as information that becomes publicly available through other means).
- Who can learn confidential information, and what can they use it for?
- Can the other party solicit your employees (a potential end-around the NDA)?
- How long does the obligation last?
Also, be careful when and how you present a non-disclosure agreement. Throwing it out too early could torpedo your relationship before it begins. Wait until everyone understands that everyone else is operating in good faith, and that there is an actual, real, viable idea that needs to be protected.
Contemplating an NDA? Here’s what you need to know | VentureBeat
Do I Need (and Should I Sign) an NDA? | Life, Business & the Pursuit of Truth
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