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Re: N.D.A.'s
On 5/15/2018 2:49 PM, Bob La Londe wrote:
>
> On 5/15/2018 6:49 AM, RTS wrote:
> > Greetings Group,
> >
> > How many of you have had customers want you to sign a N.D.A.
> (non-disclosure agreement)?
> >
> > How did you deal with it or them?
> >
> > After 42 years in the business I had one ask me yesterday for a N.D.A...
> >
> > I told them this morning I'd never be back..
> >
> > If they didn't trust me, no amount of paper would protect them...
> >
>
>
> I had one client in the 23 years I was a contractor ask for an NDA. They
> were developing an improved production line in a competitive industry.
> I added a limited five year time period, and a morals clause that
> invalidated the agreement, and told them if every manager present didn't
> sign and initial the penned in morals clause I was walking out. It was
> short and fairly reasonable. I probably did 400K-500K in business for
> or directly because of that customer after that.
>
> As a machinist I get people asking for NDAs and IP agreements all the
> time. Most are so restrictive they would theoretically prevent me from
> working for anybody but them. I tell them to go pound sand. I also say
> any IP and or NDA combined longer than 2 pages in large font will be
> discarded unread.
>
> The additional liability agreements that started appearing from
> everybody from about the aughts were pretty onerous. One actually
> claimed the right to be able to tell me to fire people in my employ. I
> never signed a single one, and I notified every single one that I would
> understand if they got somebody else, but if they failed to honor the
> terms of their contract they would be liable for all losses and damages.
> Amazingly I kept all the good customers and lost all the ones who were
> a huge pain in the ass. 50/50 split right down the middle. It improved
> my profitability to lose the problem customers.
>
Hey Bob, I thought you were in the middle of welding a bandsaw blade??
When do have time to stop in here?? LOL Welcome back anytime.
Les
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