5 Warning Signs of a Bad NonDisclosure Agreement

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  • Опубликовано: 5 янв 2025

Комментарии • 62

  • @johnferrellesq.
    @johnferrellesq.  2 года назад +2

    Send an email to info@carrferrell.com to speak with an attorney.
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  • @robertb6810
    @robertb6810 Год назад +9

    You did a fine job at breaking it down for the non-legal mind to grasp. Thank you so much for sharing. Your time and efforts are greatly appreciated!!

    • @johnferrellesq.
      @johnferrellesq.  Год назад

      @robertb6810 Thank you so much for watching my video and leaving your comment. I am very grateful to have you here 😊 Please let me know if you have suggestions for other videos. Warm wishes for great success. -john

  • @UFRooster
    @UFRooster 8 месяцев назад +4

    I think a white board explanation or graphic would help greatly to show just how big and all encompassing it can become. I’m looking to leave my company after 23 years and will negotiate and NDA when I leave….I may not be able to ever use them on my resume or discuss anything about my industry because it could end up causing a violation. I’ll get paid and move to the wilderness of Montana where no one can record me and misconstrue my words into something that breaches. Lawyers are tricky, get one that is on your side it is worth the money!

    • @johnferrellesq.
      @johnferrellesq.  8 месяцев назад +1

      Great suggestion. Thank you for watching. -john

  • @GoddessLaurel
    @GoddessLaurel 7 месяцев назад +3

    Thank you, this is so helpful, I had no idea they were so many factors to consider.

    • @johnferrellesq.
      @johnferrellesq.  7 месяцев назад

      Thank you for the kind comment. I am so happy that you are finding these videos useful. I am curious what other types of videos you watch. Are there other entrepreneur topics I could address that you would be interested in watching? Warmest wishes, -john

  • @bigboii1150
    @bigboii1150 11 месяцев назад

    Thank you for taking the time to make this video.

    • @johnferrellesq.
      @johnferrellesq.  11 месяцев назад

      My pleasure. Thank you for watching it. -john

  • @rocklandrockland2680
    @rocklandrockland2680 9 месяцев назад

    Thank you for this counsel. Great video.

  • @rtashpulatov
    @rtashpulatov Месяц назад +1

    can a confidentiality agreement come as a result of the settlement where one party makes the other party not to disclosue its violations of the consumer protection laws to the governmental agencies, consumer protection agencies or other parties that might sue this company?

    • @johnferrellesq.
      @johnferrellesq.  Месяц назад +1

      Hi Rustam,
      Generally in the U.S., I think the answer to your question is no. A confidentiality agreement resulting from a settlement cannot lawfully prevent a party from disclosing violations of consumer protection laws to governmental agencies, consumer protection agencies, or other parties empowered to enforce such laws. Such clauses would likely be considered unenforceable and void as against public policy. Here’s why:
      Public Policy and Reporting Violations
      1. Encouragement of Reporting: Consumer protection laws are often structured to encourage individuals to report violations to ensure enforcement and protect the public. Provisions in a settlement agreement that prohibit or restrict such disclosures could undermine the purpose of these laws.
      2. Whistleblower Protections: Many jurisdictions have laws that protect whistleblowers, allowing them to report violations of law to appropriate authorities without fear of retaliation. Any agreement attempting to restrict this right would likely be unenforceable.
      3. Legal Precedents: Courts have generally held that agreements designed to shield illegal activities from governmental scrutiny are void as they contravene the public interest.
      Specific Legal Provisions
      * Federal Trade Commission (FTC): Under U.S. law, the FTC Act protects individuals who report deceptive or unfair practices to the FTC.
      * Consumer Financial Protection Bureau (CFPB): Similar protections exist for individuals reporting violations of consumer financial protection laws.
      * Non-Disparagement vs. Reporting: While settlement agreements may include confidentiality or non-disparagement clauses, they cannot legally prevent a party from making disclosures required or permitted by law, including reports to enforcement agencies.
      Furthermore, there may be ethical implications for attorneys creating such contracts. Attorneys drafting such agreements could face professional sanctions for including provisions that attempt to suppress lawful reporting of violations. Ethical rules prohibit attorneys from facilitating conduct that is fraudulent or unlawful.
      I hope this answer helps. Good luck with your settlement. Warmest regards, -john

  • @sootkettle
    @sootkettle Год назад +2

    What if an NDA is written as a mutual non-disclosure and starts with "Both of the undersigned parties..." but there is only one signature? And what if that signature is forged (as in a case I am following)?

    • @johnferrellesq.
      @johnferrellesq.  Год назад

      If only one party agrees to a contract, then it’s not really a contract but rather just an offer. This is tricky because there can be agreement without a signature. If a signature was forged then the forged party never agreed and thus cannot be bound. Since contract law varies among different States, you should consult an attorney in your area as to enforceability. Good luck with this. I wish you well. -john

    • @sootkettle
      @sootkettle Год назад +1

      @@johnferrellesq. One funny thing about this particular NDA is that there is no mentioning of with whom the "employee" made the agreement with. No company name. No personal name. Nothing at all.

    • @johnferrellesq.
      @johnferrellesq.  Год назад

      Very strange! Good luck with this. :-).

  • @MrKB_SSJ2
    @MrKB_SSJ2 11 месяцев назад +1

    Thank You very much sir 🙏

  • @cybersechs1368
    @cybersechs1368 3 года назад +8

    How many takes did it take you for this video? I'm surprised you didn't burst out laughing with some of the examples :D

    • @johnferrellesq.
      @johnferrellesq.  3 года назад +4

      Thank you, Cyber S. This was one of my first videos - a year ago. It took enough takes that I am sure I was crying by the end of filming. It gets easier with each video, but YouTubing is humbling for the newbie. Thanks again for your kind words. 😊 -john

  • @COBAKO007
    @COBAKO007 Год назад +2

    thanks for the very informative video

    • @johnferrellesq.
      @johnferrellesq.  Год назад +1

      Thank you @COBAKO007! I'm glad you enjoyed it. Stay tuned! We have more interesting videos coming.

  • @andrewvargas
    @andrewvargas 3 года назад +3

    Great advice! Thank you

    • @johnferrellesq.
      @johnferrellesq.  3 года назад +1

      Andrew, you are so welcome! Thank you for taking time to watch my video. -john

  • @ivan4ikok
    @ivan4ikok 11 месяцев назад +1

    I should sign an NDA to attend trainings for a company. Conditions aren't to strict exept for one that seems sketchy. Each Party under the Agreement shall not disclose the fact of this Agreement existence in any manner and by any means to any persons, without prior written consent of the other Party. Is it normal to have such conditions?

    • @johnferrellesq.
      @johnferrellesq.  11 месяцев назад +1

      This is just a silly requirement from a lawyer who didn’t bother to think this through. The reason NDAs are included inside NDAs is to prevent word getting out that the two parties are talking to each other. This might be important in the merger of two companies, whose stock prices might be prejudiced by the conversation. Your employer wants you to sign an NDA so that you don’t take the training materials when you change jobs. Most employees have limits on what they can disclose, and nobody cares or would be surprised that you employer requires a training NDA. If the underlying NDA seems ok, the promise not to disclose the existence of the NDA should not cause you a lot of extra heartburn. Good luck with your training! -John

    • @ivan4ikok
      @ivan4ikok 11 месяцев назад +1

      @@johnferrellesq. Thanks for answering years after video release. It was very helpful ❤️

    • @johnferrellesq.
      @johnferrellesq.  11 месяцев назад +1

      @@ivan4ikok Our channel is still very active. Thank you for watching. Warmest wishes, -john

  • @AntiBagel
    @AntiBagel Год назад +1

    Is it legal for an NDA to prevent me from posting about about bad experiences on the job. For example: low pay, low hours, poor communication with managers etc. I was a freelance contractor on this job.

    • @johnferrellesq.
      @johnferrellesq.  Год назад +1

      Yes. It is possible for an NDA to prevent you from posting about a horrible employer. Whether your NDA does this depends on the specific terms you agreed to. Best advice is that whether it's a bad boyfriend/girlfriend or a lousy employer, in most cases it's just better to move on and not let the suffering continue by dwelling on it. Warm wishes. -john

    • @saraheason2976
      @saraheason2976 8 месяцев назад

      My company tried to get me with that one. Never!

  • @senseme7627
    @senseme7627 Год назад +2

    Hi, I am interviewing with a company in US for a contract software engineer position. They want me to sign an NDA but i have zero knowledge on them as they arent a thing where i live. So, the main issue for me is that there is no expiration date and signing something that goes on forever makes me anxious. But the job is a good opportunity for me and the company is founded 50 years ago and they have about 1000 workers and has kind of a brand name and recognition. How commmon are ndas with no expiration? Am I making it a big deal? Thanks

    • @johnferrellesq.
      @johnferrellesq.  Год назад +1

      @senseme7627 Thank you for watching my video. Employment agreements are controlled by State law. What State do you live in? -john

    • @senseme7627
      @senseme7627 Год назад +2

      @@johnferrellesq. I am not living in US not a US citizen. The company is in Illinois.

    • @johnferrellesq.
      @johnferrellesq.  Год назад +1

      @senseme7627 if you would you like to email me the NDA at jsferrell@carrferrell.com, I will take a quick look at it for you at no charge. Warmest regards, -john

    • @senseme7627
      @senseme7627 Год назад +1

      @@johnferrellesq. Thank you. Can sharing the NDA with you break the NDA? It says: Any confidential information obtained before the date of this agreement is included in the scope of this agreement

    • @John_English_yt
      @John_English_yt Год назад +2

      @@senseme7627 Since you haven't agreed to the NDA yet, the confidentiality requirements do not apply. Even after you sign the NDA you can always consult with an attorney to discuss the terms of the agreement and your rights regarding enforcement.

  • @retailtherapistevents
    @retailtherapistevents 11 дней назад

    👊🏾100% knowIege 👊🏾 NICE😉

    • @johnferrellesq.
      @johnferrellesq.  10 дней назад

      Thank you for the kind comment. I am so happy that you are finding these videos useful. I am curious what other types of videos you watch. Are there other entrepreneur topics I could address that you would be interested in watching? -john

  • @brachagenish7235
    @brachagenish7235 Год назад +1

    Loved the sense of humor

    • @johnferrellesq.
      @johnferrellesq.  Год назад +1

      @brachagenish7235 Thank you so much for watching my video and leaving your comment. I am very grateful to have you here 😊 -john

  • @rachelestrada1070
    @rachelestrada1070 Год назад +1

    What if I signed a NDA with a company based in California but I decided to look elsewhere, can I also sign a NDA with the other company on the same month..??

    • @johnferrellesq.
      @johnferrellesq.  Год назад

      Yes, a simple NDA does not prohibit you from sharing YOUR information with other companies. However, if you sign an NDA then anything you learn under the NDA must be kept private.
      Of course, this assumes the NDA does not also stop you from shopping your idea around and that you have no other contracts or agreements preventing you from sharing your idea with others. Email me if you would like to hire one of our lawyers for a short consultation to discuss this.
      Warmest wishes, -john jsferrell@carrferrell.com

  • @thepilot2727
    @thepilot2727 8 месяцев назад

    Thanks Saul :D

    • @johnferrellesq.
      @johnferrellesq.  8 месяцев назад

      Thank you for the kind comment. I am so happy that you are finding these videos useful. I am curious what other types of videos you watch. Are there other entrepreneur topics I could address that you would be interested in watching?

  • @rimacalid6557
    @rimacalid6557 Месяц назад

    I got a pre employment NDA, I am not even sure I'll be hired 😂
    And they are asking me to sign it, I recon for a test period where they try my skills on real world data.
    Is this normal?

    • @johnferrellesq.
      @johnferrellesq.  Месяц назад

      Thank you for watching. Where are you located? The NDA may cover secrets disclosed during the interview process as they try to recruit you? This doesn't seem so unusual, but it depends on the job you are applying for. Warmest regards, -john

  • @ImprvJnkie2
    @ImprvJnkie2 9 месяцев назад

    I'm scared as hell.

  • @sijjboii
    @sijjboii 8 месяцев назад

    This dudes better than Saul Goodman 🎉😂

    • @johnferrellesq.
      @johnferrellesq.  8 месяцев назад +1

      Thank you for your comment. I am so grateful to have you on my channel. Warmest wishes. 😊 -john

  • @VernamCi9090
    @VernamCi9090 7 месяцев назад

    Thank you so much for your efforts and time to make this video it was very helpful, I just have some questions: what if an NDA of a company says that you'll pay it 20,000 USD if you leaked any information even after you've left the company, should I be concerned or is this normal?

    • @johnferrellesq.
      @johnferrellesq.  7 месяцев назад

      Thank you for the kind comments; I am so happy that you are a follower.
      With the preface that interpretation of employment NDAs are very State law dependent; these types of NDAs are generally construed narrowly by the courts and do not usually apply to information already known by the public or to information disclosed independently by a third party and not originating from you. If you would like to hire an attorney for a short consultation to discuss your particular case, please feel free to contact me at jsferrell@carrferrell.com, and I will try to connect you.
      Thanks again for your comments. Warmest regards, -john

  • @augggie
    @augggie 7 месяцев назад +1

    What happened to a handshakes and morals? Lawyers found loopholes to make a Buck. We need to coin it Stormy Syndrome, remember she owes Trump close to $600,000.00 😂😂😂

    • @johnferrellesq.
      @johnferrellesq.  7 месяцев назад

      Wouldn't it be great if we could still make a reliable agreement by just shaking hands? -john

  • @hemisilbery3545
    @hemisilbery3545 12 дней назад

    Ankle😂

  • @matthewbraun1973
    @matthewbraun1973 7 месяцев назад +1

    Thanks @johnferrelesq. for providing a clear synopsis of what to look for and watch out for in NDAs.

    • @johnferrellesq.
      @johnferrellesq.  7 месяцев назад

      Thank you for the kind comment. I am so happy that you are finding these videos useful. I am curious what other types of videos you watch. Are there other entrepreneur topics I could address that you would be interested in watching? -john