Update: Innovation Direct™ receives request for modification of NDA from Global TV Concepts Ltd.; document revised, sent back to company for review…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, back in once again with an update on a company and situation we’d just reported about in an entry earlier today (http://innovationdirectonline.com/blog/?p=1147). Late Friday afternoon, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of Florida-based Global TV Concepts Ltd. received a reply from his contact at the firm regarding the NDA that he’d sent him earlier in the day at the company representative’s request.
In his latest communication, the Global TV representative explained that after his legal department’s initial review our version of a non-disclosure agreement, they recommended some additional wording be put in that would provide them with some protection from liability if an invention sent to them by Innovation Direct™ bore a strong resemblance to something they’d already reviewed in the past from another source.
The requested provision was put into place by Innovation Direct™ shortly after the e-mail was received, and has already been sent via e-mail to the Global TV representative. We look forward to the company’s feedback on this latest version of the document and will keep you abreast of any and all developments, here on the Innovation Direct™ Blog.
Check in with us often!