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bilateral contract Tag

Online Legal Translations > Posts tagged "bilateral contract"

NDAs, Non-Competition, Non-Solicitation, and Confidentiality Agreements – Part 4

Today, in the final segment of this series, we are going to talk about the concept of “Confidentiality”—what it means, who defines it and why it is so important. Reminder: the phrases discussed in this series have general understandings and common uses under the law in the United States, but the actual language of your contract is the language that is enforceable. The term “confidentiality” is a broad concept regarding the storing and disclosure of information, and generally means “secret.” Confidentiality Agreements and Confidential Information. A so-called “confidentiality agreement” does not usually exist as a stand-alone agreement.  Usually, the only standalone agreement addressing the...

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NDAs, Non-Competition, Non-Solicitation, and Confidentiality Agreements–Part 3

“NDAs, Confidentiality, Non-Solicitation, and Non-Competition Agreements” PART THREE – Unilateral or Bilateral? Term or Duration? Welcome to Part 3 of our latest series here on “Words of the Law,” the Online Legal Translations blog. In the prior two sections of this series, we talked about the importance of understanding how the terms NDA, Non-Competition, Non-Solicitation, and Confidentiality function in a contract-signing context, and we took a deeper dive into the differences between Non-Competition and Non-Solicitation agreements. In this installment of the series, we are going to talk about two important sets of terms: “unilateral” vs. “bilateral” and “term” vs. “duration.”  It is very important...

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