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What is a confidentiality agreement?

Agreement confidentiality
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What is a confidentiality agreement?

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A confidentiality agreement is an agreement whereby one party agrees to hold the proprietary technical and/or business information of the other party in confidence. Confidentiality Agreements (CDAs) or Non-disclosure Agreements (NDAs) are a standard tool of the trade, and many companies are amenable to having access to a technology under the terms of this type of agreement. Only Martin Mullins, Vice President of OTC can sign a CDA on behalf of The University. PRINCIPAL INVESTIGATORS ARE NOT AUTHORIZED TO SIGN THIS AGREEMENT ON BEHALF OF THE UNIVERSITY.

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A confidentiality agreement is an agreement whereby one party agrees to hold the proprietary technical and/or business information of the other party in confidence. Confidentiality Agreements (CDAs) or Non-disclosure Agreements (NDAs) are a standard tool of the trade, and many companies are amenable to having access to a technology under the terms of this type of agreement. To review NCSU’s standard agreement language please go to the Forms page on the OTT web site.

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A confidentiality agreement is an agreement whereby one party agrees to hold the proprietary technical and/or business information of the other party in confidence. Confidentiality Agreements (CDAs) or Non-disclosure Agreements (NDAs) are a standard tool of the trade, and many companies are amenable to having access to a technology under the terms of this type of agreement.

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A confidentiality agreement is an agreement whereby one party agrees to hold the proprietary technical and/or business information of the other party in confidence. Confidentiality Agreements (CDAs) or Non-disclosure Agreements (NDAs) are a standard tool of the trade, and many companies are amenable to having access to a technology under the terms of this type of agreement. To review NCSU’s standard agreement language please go to the Inventor Resources page on the OTT web site.

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A CDA is an agreement between the university and an outside entity (company, person) that is used to facilitate discussions of information that is wished to remain out of the public. For companies, sharing of their business needs and development problems can lead towards developing solutions with university personnel, but would also want such needs and problems to not be known to their competitors. For universities, maintaining confidentiality can preserve rights (domestic and foreign) to inventions.

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