"When I first expressed this, a number of people defended the long (I think) NDA, and I acuqiesced to smarter people."

I don't think holding a different opinon is any indication of "smarter people." You could be right. All else being equal, however, I have to deffer to the BOD as having a wider body of knowledge and "smarts" is regard than you and me.

But who knows, they could at this monement be revisiting that very subject. Time will tell.