An article co-authored by Jason Balich and Brandon Blackwell titled “Is Your Company’s NDA Up to Date With Robust IP Provisions?” was published in Corporate Counsel.
Companies often collaborate, signing stock non-disclosure agreements (NDAs) as protection. However, it is important to note that these stock NDAs usually do not have comprehensive provisions to address common intellectual property (IP) issues that may arise during collaboration. One key issue is determining ownership of the IP that results from the collaboration (referred to as “New IP”). If your company’s or client’s NDA does not address this or other common IP questions, it may be necessary to update the agreement. Read more (subscription required).