Architectural Drafting Services: Features and Working ofNon Disclosure Agreements

Architectural Drafting Services spend long hours working hard on each project to bring out something unique every time, and if the design or a part of it is leaked before the project is complete, the consequences can be disastrous, to say the least. While some other organization or individual could steal the credit for the work done by the architectural drafting services, financial losses for the company could be enormous as well. The threat of information leakage is even greater while dealing with other business entities like outsourcing vendors or services consultants. Confidentiality agreements, such as non disclosure agreements (NDAs) can ensure that your classified information does not get into unwanted or unintended hands. We will discuss the salient features of non disclosure agreements here and also see how they work.

Salient features:

1. The term confidentiality must be defined in very specific terms so that it is absolutely clear which information is not to be disclosed unless prior permission is granted.
2. It should be stated specifically whether both parties are bound by the agreement or it binds only one of the parties. If both parties have equal stake in the information and stand to lose in case of disclosure, a mutual agreement is formed, but if one party stands little to lose, the agreement is made legally binding on only that party.
3. The time period for the non disclosure of information should be specifically mentioned in the agreement so that there is no confusion at a later stage.

Working of NDA:

Non disclosure agreements usually ensure security of classified information and architectural drafting services can breathe easy, yet they include some contractual obligations by the disclosing party. In case of a breach of agreement, a civil action may be pursued in a fashion as agreed in the contract.

If a non disclosure agreement is carefully drafted avoiding any loopholes, architectural drafting services can rest assured that their hard work will get the due appreciation, and the organization will be able to guard itself against any financial losses. Non disclosure agreements are a buffer against business losses and keep good relations between both parties intact.