– How are industrial property rights paid in licensing agreements?- What are the advantages and disadvantages of participating in a joint venture with another company?- What are the advantages and disadvantages of licensing? Increasingly, individuals are being asked to sign the opposite of a confidentiality agreement. For example, a doctor may ask a patient to sign an agreement so that the patient`s medical data can be passed on to an insurer. Confidentiality agreements typically perform three key functions: an indefinite period can sometimes weigh heavily on recipients when they need to retain the data of the disclosing party. The courts may consider an indeterminate confidentiality agreement to be unfair. The application of the privacy conditions depends on the industry concerned and the nature of the information disclosed.