It’s all about the “secret sauce.” Doing business with other companies is a common course of action, but in any deal, a company wants to make sure it protects its most valuable information. Simple? Sure, but the execution of a nondisclosure agreement (NDA), data protection agreement (DPA), or other security or privacy agreements can be much tougher.
The “Negotiating Privacy and Security in Transactions: NDAs, DPAs, and Privacy & Security Addendums” panel at the 2019 Association of Corporate Counsel (ACC) Xchange conference broke this execution down into 10 steps that are crucial to protecting company information. The panel featured Kerry Childe, an attorney most recently with Best Buy, and Sarah Sederstrom, vice president of legal with Wunderman, with Helena Ledic, associate general counsel at CSC, acting as moderator.
