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When should I consider signing an NDA?

Elaine Chen

Following are some use cases for NDAs according to a 2016 Forbes article.

"Here are some typical situations where you may want to use a Non-Disclosure Agreement:

  • Presenting an invention or business idea to a potential partner, investor, or distributor
  • Sharing financial, marketing, and other information with a prospective buyer of your business
  • Showing a new product or technology to a prospective buyer or licensee
  • Receiving services from a company or individual who may have access to some sensitive information in providing those services
  • Allowing employees access to confidential and proprietary information of your business during the course of their job"

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