What is an NDA Agreement (Non Disclosure Agreement)
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A Confidentiality Agreement (NDA Agreement) or non disclosure agreement is a legal contract wherein the parties agree to share confidential information and proprietary information such as an invention or record of invention document and further agree to keep such confidential information in strict confidence and agree not to disclose the information to a third party.
NDA’s are governed by the state contract law, i.e., the state law having jurisdiction over the contract.
NOTE: AN NDA IS NOT A PATENT APPLICATION AND DOES NOT PROVIDE THE PROTECTION OF A PATENT AND THE DATE OF THE NDA WILL NOT BECOME THE EFFECTIVE FILING DATE OF ANY SUBSEQUENTLY FILED PATENT APPLICATION.
You can buy your very own NDA Agreement today (created by Mat Grell, U.S. Patent Attorney) for only $19.99, and trust that it’s very accurate.
Many of us have said this often ” only I wish it was built this way or why hasn’t
anyone come with this type of product” .Now,if you have happen to be thinking
of something similiar for a while and you feel it can become a newly redesigned
product of a existing product-yet you know its beyond your financial means to
pursue any such idea-how can you “protect your idea ” or “sell your idea”
without having to go through patent protection? I mean,is there such thing as
“suggesting to a already established company ,example , GE, that they need to
do this, to make this future product -or to have a agreement to disclose “whats
missing from their existing product” and get financially substantially compensated for it?
I know common sense would tell you “no’,but I would like to hear your response on this.
Recently I suggested a detailed “just ideas” and “features” to GE about how they
could improve and redesign existing appliance,thats in every household and is used
daily.This from a “user’s perpective”.I was surprised to get a reply from GE,
thanking me for the “free future product feedback” and for me to send any other
ideas,to them,at my convenience.Ofcourse,because there’s just no financial means
for me to even start to think of redesigning this existing appliance,I know if GE could
make this suggested ideas into this appliance,it will be useful for almost everyday
people and everyday use.This suggested ideas and features already existed but were
at separate levels-I just “put the two and two together” type of thinking.
Now,since then,perhaps you become aware of other potential convergence ideas,
that can be potentially brought together to make into one useful and efficient product,
bigger question becomes -how possibly can you protect this “convergence of ideas
of two existing products” -when you are financially disadvantaged?and feel this idea
product can be expediated into market place if company like GE,were to acquire it.
However,idea can be seen as “so obvious”,that almost any other company that is in
consumer appliance manfacuturing sector-can produce it-if they only presently knew
where to look.Part of this idea came from ‘watching informercials”.
I look forward to hearing from you,if possible.
regards,
amit