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Learn more about Non-Disclosure Agreement
A Non-Disclosure Agreement (also called an NDA or Confidentiality Agreement) is an essential tool for businesses looking to protect their confidential information. Under a Non-Disclosure Agreement, a person or organization agrees to protect proprietary information they've received from another business or individual. Your Non-Disclosure Agreement should include details like: who owns the information being disclosed and protected; who's receiving the information; the owner's business; the recipient's business; the reason the confidential information is being disclosed (for example, the recipient is creating a marketing plan for the information owner); whether the information consists of financial statements, customer lists and records, trade secrets, technical information, product designs, inventions, copyrights, pricing structure or source code; the duration of any non-circumvention clause; and whether the obligations of the agreement will apply for months, years or indefinitely.
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