Q: I have a signed a Non Disclosure Agreement with a client. What needs to be done if we both want to revoke it? I am a graduate student. I live in Pittsburgh. I have got a final year project assigned to me by our university. The client sent me an NDA to sign. And I signed it and sent it to the client(soft copy), which is not in compliance with the university policies. The client and me both understand this and want to revoke the signed agreement. Please advice how we can do it. Thanks a lot! (Pittsburgh, PA)
A: I would prefer if you review the contract with an attorney. Generally, the parties to a contract, can revoke or rescind the contract by entering a simple agreement to rescind the prior contract. You should execute it with the same formality that the original contract was executed.