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Re: dholmes791 post# 33218

Sunday, 01/24/2016 8:37:42 PM

Sunday, January 24, 2016 8:37:42 PM

Post# of 83957
Thanks D! and to further clarify:

$HCTI released a pr back in March of 2014 regarding the fortune 500 partner and it must have been a long two years but the time to enter the profitable fruition of the companies labors:

NDA Time Periods:

"Some agreements require that the receiving party maintain the secret information for a limited period of years. This is often done with language such as: The receiving party shall not use or disclose the secret for a period of five years from the date of execution of the agreement.

Parties often negotiate over the time period. Five years is common in American nondisclosure agreements, although many companies insist on only two or three years. In European nondisclosure agreements, it is not unusual for the period to be as long as ten years. Ultimately, the length used will depend on the relative bargaining power of the parties"

http://www.nolo.com/legal-encyclopedia/nondisclosure-agreements-29630.html

$HCTI - we got this


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