{"id":3292,"date":"2014-03-25T05:30:00","date_gmt":"2014-03-25T05:30:00","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2014\/03\/25\/negotiating-the-non-disclosure-agreement-nda\/"},"modified":"2023-06-05T06:54:31","modified_gmt":"2023-06-05T10:54:31","slug":"negotiating-non-disclosure-agreement-nda","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/","title":{"rendered":"Negotiating The Non-Disclosure Agreement (NDA)"},"content":{"rendered":"

I hope that you have enjoyed the article, \u201cWhen A Supplier Should Sign Your NDA.\u201d<\/p>\n

Don\u2019t miss updates on Procurement & Supply Chain, Subscribe here!<\/p>\n

The NDA, short for non-disclosure agreement and also called a confidentiality agreement, is usually one of the easiest contracts for a procurement professional to negotiate.\u00a0 The problem with NDA\u2019s is not usually in the negotiation of them, but knowing when you should be using one.<\/p>\n

Unfortunately, there are many sensitive situations where they should be used and they\u2019re not due to the buying organization\u2019s ignorance.\u00a0 Hopefully, the above-linked article will serve to eradicate some of that ignorance from the world.<\/p>\n

There is one negotiation thing to look out for when negotiating an NDA.\u00a0 If your organization\u2019s standard template is one-sided \u2013 in other words, protects your confidential information but not the suppliers \u2013 suppliers will often ask for it to be made mutual.\u00a0 Ideally, your legal department should have a mutual NDA template at the ready.\u00a0 If not, then ask about using the one that they draft as a template in the event that you find yourself in a similar situation in the future.<\/p>\n

Other than that, NDA negotiation is pretty straightforward.\u00a0 Now, if only other types of procurement negotiation would be so easy\u2026<\/p>\n

Recommended Reading<\/strong><\/p>\n

Trouble Getting A Sole Source Vendor To Play Ball? Negotiate Creatively!<\/a><\/p>\n

Bridging The Gap Between IT and Procurement: Free Webinar on January 29!<\/a><\/p>\n

Compromising in Negotiations: What It Is, What It Isn\u2019t<\/a><\/p>\n

NLPA\u2019s 2013 Procurement Year In Review<\/a><\/p>\n

Check Out The Best of PurchTips 2013!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I hope that you have enjoyed the article, \u201cWhen A […]<\/p>\n","protected":false},"author":12,"featured_media":4110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"\nNegotiating The Non-Disclosure Agreement (NDA) - Next Level Purchasing Association (NLPA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Negotiating The Non-Disclosure Agreement (NDA)\" \/>\n<meta property=\"og:description\" content=\"I hope that you have enjoyed the article, \u201cWhen A […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/\" \/>\n<meta property=\"og:site_name\" content=\"Next Level Purchasing Association (NLPA)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-03-25T05:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-05T10:54:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/11\/nlpa-images-120.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1130\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Negotiating The Non-Disclosure Agreement (NDA)\",\"datePublished\":\"2014-03-25T05:30:00+00:00\",\"dateModified\":\"2023-06-05T10:54:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/\"},\"wordCount\":263,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/#organization\"},\"articleSection\":[\"Procurement\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/\",\"url\":\"https:\/\/www.certitrek.com\/nlpa\/blog\/negotiating-non-disclosure-agreement-nda\/\",\"name\":\"Negotiating The Non-Disclosure Agreement (NDA) - 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