About Agreements

Learn about the role of Agreements and how to set-up an Agreement for your company.

Content

What is an Agreement?

Why is an Agreement needed?

How to set-up a Company Agreement

Select an Assignment Agreement

What is an Agreement?

An Agreement non-disclosure agreement is a legally binding contract in which one party enters an agreement with another party.
In the context of blackbear, we use Agreements for signing NDAs or other Contractual Agreement where a party agrees to give a second party confidential information about its business or products and the second party agrees not to share this information with anyone else for a specified period of time. Agreements are also used to protect sensitive information and intellectual property (IP) by outlining in detail what information must remain private and what information can be shared or released to the public or to agree on a delivery of a service.

Agreements are typically signed at the beginning of a business relationship. The information covered by an Agreement can be unlimited, ranging from test results to system specifications to customer lists and sales figures. If the Agreement is broken and information is leaked, it is considered a breach of contract.

Why is an Agreement needed?

 In case your Assignment includes sensitive content, select an NDA that will need to be signed by Solvers before receiving access to the full assignment information. 

When an Agreement is required for an Assignment by the Assignment Owner, then before a Solver can view all assignment information, Solver(s) have to sign the Agreement(s). These assignments are sensitive or have privacy concerns, so we ask that the Agreement is signed upfront.

How to set-up an Agreement for the Company?

Limited permission: Only users with 'Company Admin' role in the platform are able to select and set-up an Agreement that can be then used for Assignments. If you are not a 'Company Admin' and you need an NDA, Contact a 'Company Admin'. 

  1. Log into your blackbear account
  2. Click on your Profile picture 
  3. Select 'Business Settings'
  4. Click on 'Agreements'
  5. You can view if there are any Agreements assigned to your company and if they are 'Active' or 'Archived'
  6. Click 'Browse' and select a pdf file from your computer to upload OR drag & drop your new file. Only pdf files are allowed.
  7. Once file is attached, click 'Upload Agreement'   '
  8. Click 'Confirm' to make the new NDA Active.

Note: If you already have an active Agreement, uploading a new one will replace the current active Agreement. Only one Agreement can be active at a time. For assignments that are already active, we will continue to use the previously active Agreements, while the newly attached ones will only be used for newly created assignments.

 

How to select an Agreement for your Assignment?

You can only attach and select an Agreement for Assignments once our team has finished drafting up your full assignment scope and the assignment status is 'Approve & Post'.

Read how to select an Agreement during 'Edit Assignment'.