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Patent / Invention Non-Disclosure Agreement (NDA)

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Patent / Invention Non-Disclosure Agreement (NDA)

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.

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.