The Non-Disclosure Agreement isn’t just for big businesses; it is also a powerful tool for content creators. Getting an NDA in place before disclosing your thoughts or working with someone else is a nifty way of preventing future problems.
NDAs are a standard practice when working on sensitive projects with clients who want discretion. NDAs may contain jargon you are unfamiliar with, but fear not: We’ve got your back.
1. What Is a Non-Disclosure Agreement?
A non-disclosure agreement, or NDA, is a legally binding contract between two parties that establishes a confidential relationship. This contract is helpful when businesses want to share sensitive information and fear it will end up in the hands of competitors. Thus, having this legal paper gives all a sense of calmness.
The NDA serves a variety of purposes. It can protect the interests of two companies wanting to do business together. It also safeguards the details of any potential deal. Moreover, it can forbid all involved parties from releasing information regarding any business processes or plans of the other parties.
2. Why Do Content Creators Need a Non-Disclosure Agreement?
Although many contracts include a Non-Disclosure Agreement, getting one in place can be essential to make sure discussions are kept confidential, even before the reveal of ideas. Any content creator should have an NDA before starting any creative process.
This agreement creates a legal framework that will protect ideas and information from being stolen or shared with competitors or third parties. Lawyers are responsible for the host of legal ramifications that result from breaking an NDA agreement.
3. What Does a Non-Disclosure Agreement Include?
An NDA must clearly state the parties involved in the project or task. So if you’re the proprietor, you must indicate your company’s full legal name. In addition, the freelancer or their agency has to state their legal name correctly. If the contract contains misspellings or missing items, it will be unenforceable.
The NDA should state the project’s purpose, along with the project and work parameters. Let’s say you are working with a freelance graphic designer. In this case, you’ll define in the contract that this person will work on a logo, brand elements set, or promotional material. Specifying this on the contract will let parties know what the artists are working on. It will protect both sides from doing more than what is agreed.
Note that all confidential information will be listed, which sets what is not allowed to discuss by the freelancer outside the project. All items have to be uber-specific to the last detail. Stating clauses like “you cannot talk about the business” is too vague and can be contested in so many ways. If you want things like project documentation and product information kept from the public, include these in the NDA, as they will protect your company.
Lastly, list the remaining terms, which include aspects such as:
- How long information must be kept confidential
- If you will take full ownership of produced work
- If they wish to use it for their portfolio for future jobs
Some companies allow foreign freelancers to add work to their portfolios. Others may be less inclined to have any contracted work indicated at all. So it is crucial to have all these details accounted for on the contract.
NDAs are crucial in any freelance work, as creators and artists are becoming more prominent in today’s business world. There are tons of skilled workers out there, which means you need to have a legal basis covering your back and protecting your company’s integrity. Get extra work done by hiring a freelancer. But when you do it, get yourself a proper legal contract template to set the right parameters.
Contracts are crucial today, as written items are the backbone of corporate operations. You need a reliable partner to assist you with valuable documentation. Creators Legal is your trusted partner. Get all you need to ensure clear communications between freelancers. Sign up today for contracts that make the legal side easy.
Creators Legal is the first and only legal platform for content creators. We designed the Contract Creator just for content creators to craft simple, straightforward, and trustworthy contracts in a fast, easy-to-use platform. With a powerful form builder, a secure e-signature system, and your own personalized dashboard to store and organize all your contracts, you can get yourself protected in minutes without the need for expensive entertainment lawyers!