NDA For An Idea Template for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your NDA For An Idea

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

NDA For An Idea

"I need an NDA For An Idea to protect my new software development methodology before presenting it to potential investors at a tech conference in March 2025, with specific provisions for multiple recipients and a 3-year confidentiality period."

Document background
An NDA For An Idea is essential when inventors, entrepreneurs, or businesses need to share innovative concepts while maintaining legal protection. This document is commonly used during initial business discussions, potential partnerships, or investment negotiations in the United States. It incorporates provisions from federal trade secret laws and state-specific regulations, ensuring comprehensive protection for intellectual property. The agreement typically includes specific terms about confidentiality duration, permitted uses, and remedies for breach, making it particularly valuable for protecting early-stage innovations before formal IP rights are secured.
Suggested Sections

1. Parties: Identifies all parties to the agreement, including full legal names and addresses

2. Background/Recitals: Explains the context and purpose of the NDA, including the nature of the idea being protected

3. Definitions: Defines key terms including 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Confidentiality Obligations: Core obligations regarding protection and non-disclosure of the confidential information

5. Permitted Uses: Specifies allowed uses of the confidential information

6. Term and Termination: Duration of the agreement and termination provisions

7. Return of Information: Requirements for returning or destroying confidential information

8. Governing Law: Specifies applicable jurisdiction and law

Optional Sections

1. Non-Circumvention: Prevents recipient from bypassing discloser to exploit the idea. Include when the idea involves business opportunities or potential partnerships

2. Non-Solicitation: Prevents poaching of employees or customers. Include when sharing information about internal operations or customer relationships

3. Assignment Rights: Rights to transfer the agreement to other parties. Include when either party might undergo corporate changes or transactions

4. Publicity: Restrictions on public announcements about the relationship. Include when dealing with high-profile parties or sensitive discussions

Suggested Schedules

1. Description of Confidential Information: Detailed list or description of the specific confidential information covered

2. Authorized Representatives: List of individuals authorized to receive the confidential information

3. Security Protocols: Specific procedures for handling and protecting the confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Defend Trade Secrets Act (DTSA): Federal law enacted in 2016 that provides uniform federal protection for trade secrets and allows trade secret owners to file lawsuits in federal court

Uniform Trade Secrets Act (UTSA): Model law adopted by most states that provides consistent state-level protection for trade secrets and defines remedies for misappropriation

State Contract Laws: State-specific legislation governing contract formation, enforcement, and remedies that affect NDA validity and interpretation

Common Law Contract Principles: Legal principles developed through court decisions regarding contract formation, consideration, and enforcement

Copyright Act: Federal law protecting original works of authorship, which may be relevant if the idea involves copyrightable material

Patent Act: Federal law governing patent protection, relevant if the confidential idea could potentially be patentable

Employment Law Considerations: State-specific employment laws affecting NDAs, including at-will employment doctrine and employee mobility rights

Enforceability Requirements: Legal standards for NDA enforcement including reasonable scope, duration, geographic limitations, and legitimate business interest

Remedies Provisions: Legal remedies available for NDA breach including injunctive relief, monetary damages, and attorney fees

Statutory Limitations: Required exclusions and limitations including public information, prior knowledge, and independent development provisions

Notice Requirements: State-specific notice periods and federal whistleblower protection notifications that must be included in NDAs

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

No items found.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.