Nnn Agreement Cost

    The non-circumvention clauses of the agreement prohibit the Chinese manufacturer from copying your product, bypassing your business and selling the product directly to your own customers. I am going to China tomorrow to meet with potential Chinese manufacturers, and I have just learned that the NDAs, on the American model, have little or no value to protect my trade secrets from Chinese companies. Can you get me an NNN deal by tomorrow and how much will it cost? That is why it is proposed to develop a binding NNN treaty for China. The NNN agreement should be the entity to which you send confidential information directly. Assuming that the Chinese company is the right consideration, you should be sure to respect the terms of the NNN agreement. Send only information to the Chinese company. The agreement is synonymous with non-use, non-disclosure and non-circumvention. If you cannot afford a lawyer and want to use an NNN agreement as a tool to use your negotiations, you will receive our bilingual model, which also contains other models. Thank you team, the ODM agreement was signed without a problem, will be again! 2. This NNN agreement does not describe your confidential information in detail. We usually do this because it is usually best not to describe your confidential information with specificity. If you expect the information you pass on to the Chinese side to remain confidential, you must identify it as such at the time of communication to the Chinese side. NNN agreements should clearly define the rights that are disclosed or granted, their nature and scope.

    Always have a written contract for all business activities in China, and the language should be Chinese. Remember that your contract will not be translated from another language or from Hong Kong to mainland to Chinese, as the meaning of a translated version could be ambiguous and have a totally different meaning. That is why Chinese lawyers are proposing that the NNN treaty be designed entirely in Chinese. Meeting the Non-Disclosure, Non-Use and Non-Circumvention Agreement (NNN) Another scenario that could occur is that no judge actually accepts your case because it is not in Chinese and if this happens, there could be significant and costly delays in handling your complaint.

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