Safeguarding your company’s confidential information is of utmost concern for just about every executive in the C-Suite.
That’s why it has become standard practice for sellers to require prospective buyers to sign a non-disclosure agreement (NDA) before sharing sensitive information about their stations.
Doug Ferber
Indeed, the first document produced and executed in a transaction involving the sale of a radio or television station is typically an NDA, sometimes referred to as a confidentiality agreement.
The core of an NDA are provisions that prohibit one party from wrongfully using or disclosing certain information provided by the other parry.