A Non-Disclosure Agreement (NDA) is a legally binding company contract between your company and employees, stakeholders, or third-parties, restricting the disclosure of confidential information, for a specified time.
An NDA, also known as a confidentiality agreement, outlines the terms and conditions that prohibit the disclosure of sensitive information shared by your company with its employees, stakeholders, or third-parties, for a defined period.
An NDA is often used to protect intellectual property rights such as databases, client lists, proprietary information and sensitive business-related information of a company.
NDAs can be classified into three types:
An NDA enables your company to:
An NDA is important for an event tomorrow, as it helps: