Six Essential Agreements Your Business Needs to Protect Its Intellectual Property

CMRS Law Confidentiality and Nondisclosure Agreement, Contracts

Whether you’re a start-up business or an existing business, protecting your intellectual property is vital.  Intellectual property includes your trade secrets, customer lists, recipes, inventions, and much more.  If your business is not using all of the six agreements described below, your intellectual property may be at risk of exposure or theft. (1) Non-Disclosure and Trade Secret Protection Agreements This …

Create Customized Contract Templates For Your Business

Elliott Stapleton Contracts, Our Services

Why does a business need to customized its contracts? Since each type of business is unique,  the specific needs of every company cannot be addressed in one standard form. Using online forms or document companies such as Legalzoom results in a form that may not protect the interest of your company or conform with Ohio law. Why do I need …

Do I Need an Attorney to draft or review a Confidentiality Agreement?

Elliott Stapleton Confidentiality and Nondisclosure Agreement

Confidentiality agreements are especially important to a companies or individuals with a unique idea. Losing the confidential status of an idea allows others to exploit the concept for their own use and profit. Each business is different. An attorney can correctly tailor the confidentiality agreement to meet the specific needs of each individual business and advise on matters related to …

What Does a Confidentiality Agreement Protect?

Elliott Stapleton Confidentiality and Nondisclosure Agreement

A confidentiality agreement can protect any type of information that is not generally known. Types of information that is not generally known include intellectual property, such as trade secrets, copyrights, trademarks and patents. A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information by which a business can obtain an economic advantage over competitors or …

How Does a Confidentiality Agreement Work?

Elliott Stapleton Confidentiality and Nondisclosure Agreement

In this legal contract, the parties agree not to disclose information covered by the agreement. This contract creates a relationship between the parties to protect any type of confidential and propriety information or trade secrets of a business. Confidentiality agreements are commonly signed when two companies, individuals, or other entities are considering doing business together and need to understand the …

Who should sign a Confidentiality Agreement?

Elliott Stapleton Confidentiality and Nondisclosure Agreement

For a business owner, it may be unclear when a confidentiality or non-disclosure agreement is necessary. The parties who should sign a confidentiality agreement include: employees, independent contractors, consultants, vendors, suppliers, and any person who will receive material non-public information. Material non-public information can include your pricing structure, client lists, customer lists, formulas, or other data which if placed in …

Does my Ohio Business need a Confidentiality Agreement?

Elliott Stapleton Confidentiality and Nondisclosure Agreement

A confidentiality agreement, also known as a non-disclosure agreement or NDA, is a contract between at least two parties that limits the disclosure of confidential material, knowledge, or information. The purpose of this restriction is to allow disclosure of non-public information between the parties. For a startup business or an existing business with a new idea or business plan, a …

How do you Protect an Idea?

Elliott Stapleton Confidentiality and Nondisclosure Agreement

An individual, startup business, or established company may have an idea or concept that is unique but not protectable by a patent. This can include a business model, formulas, recipes, processes, product concepts, marketing plans, unique sources for supplies, assembly processes, or customer lists (otherwise known as “Trade Secrets”). The protection of your trade secrets is essential to maintaining a …

Protect your Idea with a Confidentiality Agreement

Elliott Stapleton Confidentiality and Nondisclosure Agreement, Our Services

Confidentiality Agreement (also known as Non-Disclosure Agreement or NDA) For a new business, it is important to protect your confidential information; which includes an invention, idea, trade secret, trademark, copyright, or patent. As with most startup businesses, to get the company off the ground you need to use designers or independent contractors.  In some circumstances you will need to provide …