Equity Generational News Article

(I-Newswire) December 5, 2009 - Generational Equity - Generational Equity
Nondisclosure agreements can protect any type of trade secret or any information not generally known, providing a competitive advantage. However, the use of NDAs is not an end in itself. The purpose of these agreements is to create a confidential relationship between one person who has a trade secret and another to whom the secret is disclosed.

For example, in the situation where you are seeking the services of a patent attorney or a patent agent it is unnecessary to first obtain a confidentiality agreement before you disclose information about your invention. Rules and regulations that apply to patent attorneys and patent agents requires that any confidential information provided must remain in the strictest of confidence, and in fact United States Patent Office regulations impose far more strict confidentiality requirements than any confidentiality agreement would or could. This is true even if you ultimately do hire the patent attorney or patent agent to represent you. Confidentiality rules and ethics rules require that patent attorneys and patent agents must maintain all communications in confidence even when they ultimately do not represent you. The key is that you have sought professional assistance of an attorney or agent and from that time forward all communications are privileged and must remain confidential.

Generational Equity A Confidentiality Agreement, which is also known as non-disclosure agreement or NDA, is simply a contract between two or more parties where the subject of the agreement is a promise that information conveyed will be maintained in secrecy. These agreements can be mutual agreements, where both parties are obligated to maintain secrecy, or they can be unilateral agreements, where only the receiving party becomes obligated to maintain secrecy.

Generational Equity Non-disclosure
Executive summary:

A confidentiality or non-disclosure agreement is crucial for an inventor or any other party who needs to protect confidential information. As the importance of the confidential information increases, so does the relative complexity of the Agreement. This page presents the basic elements of a non-disclosure agreement, but does not describe the more complex elements that would be required in a larger agreement.

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Generational Equity Non-disclosure, Equity Generational, Generational Equity Agreement.

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