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Product Development Non-Disclosure Agreement (NDA)

A product development non-disclosure agreement (NDA) helps protect an inventor that decides to share proprietary information with a third party. All product information should be detailed in the NDA and, if the third party was to share the information, they would be liable for damages
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How to Write

Step 1 – Download in PDF, MS Word, or OpenDocument.

Step 2 – The date that the agreement is being made must be supplied first along with the names of both parties.

Step 3 – The contract must include the number of days (from the date of execution) that the Recipient must preserve the secrecy of the information.

Step 4 – The governing State’s name must be entered as well.

Step 5 – Both the Recipient and Releasor must sign the form to place it into effect.