NDA Plain-English Summary

What's Covered: Essentially everything the company shares with you — verbal AND written. Red Flag: No exclusion for publicly available information means you could be liable for sharing info that's already public. Obligations: Keep all company information strictly confidential for 5 years after the project ends. Non-Compete Alert: A non-compete is buried in this NDA — this is a separate and significant restriction on your ability to work for competitors. Consequences: $50,000 liquidated damages — a pre-set penalty enforced without proving actual harm. Three questions to ask: 1) Can I carve out publicly available information? 2) What exactly does the non-compete restrict? 3) Can the term be reduced to 2 years? Consult a licensed attorney before signing.