Are there limitations when signing an NDA from a company that is interested in buying me out?
I have only been in business with a product that I have invented, developed and taken to market for three months. Currently it's patent is pending. But at a recent trade show another company expressed an interest in buying me out with royalties. They want me to sign an NDA and I am having them sign my NDA. This is just so that we can share proprietary information but will a typical NDA restrict me from doing a deal with someone else? I highly doubt it, but I just wanted to make sure.
Thanks for your help on this. If you have any other answers relating to royalty agreements that I can look up, please let me know.