Confidentiality Clause In Agreement

At the end of the agreement, confidential information must normally be returned or destroyed by the receiving party. However, other details may not be relevant in 18 months and the agreement should also reflect this. The salvatorial provision allows the rest of an agreement to remain intact, even if a court finds that a specific provision of the agreement is invalid or unenforceable. In this sense, it is better to have a clause that is pleasant for both parties, which clearly defines who is responsible for attorneys` fees when a legal action is filed. Even if it means specifying that each party is responsible for its own costs, regardless of the outcome. The point is to conduct this discussion in advance and make sure everyone is on the same side. However, despite its bad reputation, an NDA is a crucial legal document that is indispensable to the protection of a legitimate business or business owner.