A non-disclosure agreement might seem like a simple promise of confidentiality between two parties, but there’s a lot more to these contracts. This ebook can take the guesswork out of your next NDA.
A contract is only as strong as the notice clause ensuring it gets received and read. Check out these tips to conquer this important but often overlooked part of every contract.
A good contract is built on honesty and mutual assurance. Still, it can be hard to know what to disclose up front, and even harder to know how much coverage should be offered to the buyer.
When an employee leaves a company, they usually take with them proprietary secrets and other insider knowledge. In order to protect the business, many employers have their soon-to-be former worker sign a confidential separation agreement. These allow both parties to move forward with a shared understanding of what constitutes privileged information. They also clarify other important parting business, such as what the company considers to be non-competition and what constitutes a fair severance package.
The LLC, or Limited Liability Company, is a unique business entity that has many financial and social benefits. Falling somewhere between a general partnership and a more formal corporation, the LLC creates a layer of protection for individual members and offers great tax incentives. For these reasons, an LLC is a common way to structure small businesses with more than one owner.