The Friend Disclosure Agreement (FriendDA) – Love it.

notfriendsI believe that any ‘independent consultant’ or type of individual is an entreprenuer. It takes guts, gumption, and desire to go off on your own and build your own brand and take on all the risk. It’s scary and rewarding at the same time. Like driving 140+mph on a motorcycle. It’s scary but thrilling at the same time (not that I’ve ever done that…).

Entrepreneurs also have great ideas… good entrepreneurs share those ideas with others to get feedback. Sometimes though, you need a bit of a Non Disclosure Agreement to keep things kosher. How about a ‘lite’ version?

Found one.

www.friendda.org – Love it. Perfect for using when you have an idea to share with others. Some highlights (italics mine) below:

FriendDA

This agreement is entered into this ___ day of ___ 20__ by and between _____________ (hereinafter “The Advisor”) and _____________ (hereinafter “The Keeper of the Idea” or “I”) regarding information The Keeper of The Idea is choosing to share with The Advisor (hereinafter “The Idea”).

WHEREAS I possess a bright idea that I am choosing to disclose to you, The Advisor, with the mutual understanding that you are my friend and that you will not screw me.

Manners of screwing include, but are not limited to:

  1. Adapting some or all of The Idea for your own purposes.
  2. Choosing to share some or all of The Idea with those who are not bound to this agreement.
  3. Failing to do your best to protect The Idea.

This is a “warm blanket” agreement with which, by requesting your agreement to it, I am helping myself sleep at night by placing a small amount of formality on the sharing of The Idea. I believe The Idea will only improve as a result of having solicited your honest and clear feedback.

Term

The term of this agreement shall continue until The Idea is no longer confidential.

Breach

This agreement has absolutely no legal binding. However, upon breach or violation of the agreement, I will feel free to do any of the following:

  1. Curse you under my breath.
  2. Publicly disclose the manner of your screw-i-tude.
  3. Write about your transgressions in ALL CAPS.
  4. No longer consider you a person with whom I can share my ideas.

Sharing

Sharing of some or all of The Idea with third parties may occur provided that you have cleared this with me and the third parties agree to the principles of the FriendDA.

Termination

Termination of this FriendDA can be executed by either party, but don’t be a douche.

You are acknowledging and agreeing to this disclosure by reading it. If you find any part of this agreement uncomfortable or confusing, don’t sweat it. We’ll talk about something else.

*lol

3 Responses to “The Friend Disclosure Agreement (FriendDA) – Love it.”

  1. Anthony
    January 30, 2013 at 4:08 pm #

    Peter…. This is hilarious!!

    • peter
      February 3, 2013 at 12:04 pm #

      But it’s great! :P

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