Dear All,
We have received a MUTUAL CONFIDENTIALITY DISCLOSURE AGREEMENT from an international client, but we couldn't able to find the scope of work in the agreement. Agreement is for nearly 5 year tenure. We are quiet afraid to sign this agreement without knowing the scope of work. We already spoke to the client regarding the scope of work, but he is not ready to disclose he wants us to sign the CDA. They told us after signing the CDA; we will give you the scope of work.
Look into the attachment.
1. Is there any problem in this CDA?
2. How to get the scope of work from the client?
3. Shall we sign CDA without knowing the scope of work?
Kindly give me all your valuable inputs
Regards
Nazeer.S
From India, Madras
4We have received a MUTUAL CONFIDENTIALITY DISCLOSURE AGREEMENT from an international client, but we couldn't able to find the scope of work in the agreement. Agreement is for nearly 5 year tenure. We are quiet afraid to sign this agreement without knowing the scope of work. We already spoke to the client regarding the scope of work, but he is not ready to disclose he wants us to sign the CDA. They told us after signing the CDA; we will give you the scope of work.
Look into the attachment.
1. Is there any problem in this CDA?
2. How to get the scope of work from the client?
3. Shall we sign CDA without knowing the scope of work?
Kindly give me all your valuable inputs
Regards
Nazeer.S
From India, Madras
dear friend,
CDA is basically the starting point for any Giant and Jumbo MNC and is more from a precautionary measure before sharing any info with you.
the MNC is just protection their interests by this CDA and they are allowed by law to sign an agreement like this....
it is upto you whether you want to sign such agreement or not?
If you want to work with them then you will have to sign the agreement ...
a word of caution....the place for arbitration in the attached agreement is USA.....get it changed to India....as arbitration if any in USA for any dispute will be very costly....
hope this relieves you and helps you .....
if you still have any further issues, pls ask freely...
regard
namitabh
9930992661
:):):):)
From India, Pune
CDA is basically the starting point for any Giant and Jumbo MNC and is more from a precautionary measure before sharing any info with you.
the MNC is just protection their interests by this CDA and they are allowed by law to sign an agreement like this....
it is upto you whether you want to sign such agreement or not?
If you want to work with them then you will have to sign the agreement ...
a word of caution....the place for arbitration in the attached agreement is USA.....get it changed to India....as arbitration if any in USA for any dispute will be very costly....
hope this relieves you and helps you .....
if you still have any further issues, pls ask freely...
regard
namitabh
9930992661
:):):):)
From India, Pune
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