Updated March 12, 2024
A patent or invention non-disclosure agreement is a unilateral (1-way) agreement that is used to protect an invention. Due to the confidential nature of an unexecuted idea for a product, an NDA can be essential for an inventor when sharing confidential information to 3rd parties.
Even savvy business-people can fall victim to damages of misappropriated data, therefore an NDA is always recommended.
Patent Tools
- Conduct a Patent Search – https://patents.google.com
- Apply for a Patent – www.uspto.gov/patents-application-process/file-online
How to Write
Step 1 – Download in PDF, MS Word, or OpenDocument.
Step 2 – The date that the agreement is being created and the name of both the Disclosing Party and the Receiving Party will be required to complete the first section.
Step 3 – In the “GOVERNING LAW” paragraph, the name of the State that shall govern the NDA must be supplied.
Step 4 – To be effective, the agreement must be furnished with both signatures, the date of signing, and both printed names.
