Attorney Mark Bross explains why buyers should always include a residuals clause in their "non-disclosure agreement" to safeguard their interests. This critical element of "contract law" allows the buyer's team to use information that remains in their memory without violating the "confidentiality agreement". Understanding this aspect of "business contracts" offers essential "legal protection" and helps prevent accidental misuse of "trade secrets" learned during a deal. 💼✨
In this video, attorney Mark Bross discusses why buyers should include a residuals clause in NDAs. This crucial element of "contract law" allows the buyer's team to use information that remains in their unaided memory without violating confidentiality. Understanding these specific aspects of "business contracts" and "confidentiality agreement" is vital for "legal protection" against accidental misuse of "trade secrets" learned during a deal. 💼✨
#businessacquisition #non-disclosure agreement
#confidentiality #entrepreneurship #legaladvice #businessacquisitions #mergersandacquisitions #shorts
For more information or to contact me directly, visit
www.brosslawllc.com/
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