Use With Caution: Restrictions on Use in Confidentiality Agreements | Practical Law

Use With Caution: Restrictions on Use in Confidentiality Agreements | Practical Law

Confidentiality agreements, also known as nondisclosure agreements (NDAs), confidential disclosure agreements (CDAs) or confidential information disclosure agreements (CIDAs), are vital to many transactions in today’s increasingly competitive, litigious and internet-based economy. One key provision often found in confidentiality agreements, the use restriction, can generate confusion and lead to protracted negotiations and unintended consequences. This Article aims to help attorneys draft and negotiate use restrictions to ensure that their client’s confidentiality agreements are consistent with the relevant business needs and expectations.

Use With Caution: Restrictions on Use in Confidentiality Agreements

Practical Law Article 9-616-5561 (Approx. 9 pages)

Use With Caution: Restrictions on Use in Confidentiality Agreements

by Practical Law Commercial
Published on 07 Jul 2015USA (National/Federal)
Confidentiality agreements, also known as nondisclosure agreements (NDAs), confidential disclosure agreements (CDAs) or confidential information disclosure agreements (CIDAs), are vital to many transactions in today’s increasingly competitive, litigious and internet-based economy. One key provision often found in confidentiality agreements, the use restriction, can generate confusion and lead to protracted negotiations and unintended consequences. This Article aims to help attorneys draft and negotiate use restrictions to ensure that their client’s confidentiality agreements are consistent with the relevant business needs and expectations.