The complexity of NDAs arises from the fact that they must be carefully tailored to the particular relationship between the parties involved and the type of information being shared. In addition, for an NDA to be enforceable, the terms must be clear and unambiguous, and the parties must clearly understand their commitment under the agreement.
Breaking an NDA can have serious legal consequences. In some cases, breaching an NDA can result in a lawsuit and hefty damages. In other cases, it may simply mean that one party is no longer bound by the agreement and can freely share confidential information.
Therefore it is prudent to work with a NDA lawyer so you can enter the relationship with clarity around your role, take steps to protect your valuable information, and clearly understand your rights and obligations under the confidentiality agreement.GET IN TOUCH