can NDA have term and duration
Posted in Confidentiality Agreements 19 Comments. An NDA with a term limit can be a trap for the unwary. All trade secrets disclosed via a term-limited NDA should automatically lose their trade secret status (both against the recipient and the entire world) at the end of the term.f we limit the term (other than for trade secrets), we either have to do so from the date of the agreement (e.g., January 1, 2008 to December 31, 2013) or we have to have a continually rolling term from the date of disclosure. Most of my NDAs are for ongoing business relationships.