Non Disclosure Agreements overkill
In business you have to sign mutual NDA’s for all kinds of reasons with all kind of companies:
- Distributor and Reseller Agreements
- Requests For Information RFI
- Requests For Price RFP
- Joint ventures
It has just become overkill.
NDA restricting your business
In most cases you are quite in a hurry to sign the NDA as there is the pressure of potential business.
However after a few years in business you or your company has signed so many NDA’s that you will be probably so restricted in business you couldn’t be doing much business or new business anymore. All these NDA’s restrict your business.
Luckily these NDA’s are limited in time and who on earth is verifying the defined limitations ?
So what’s the value of all those NDA’s signed ?
How many NDA’s do you every month ?