Non-Disclosure Agreement
Human Resources
The non-disclosure agreement protects proprietary business information by preventing recipients of that information from disclosing it to others.
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About This Form
A Non-Disclosure Agreement (NDA) is a legal contract that establishes a confidential relationship between parties. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to any others. NDAs are commonly used to protect proprietary information, trade secrets, and other confidential business information. They are essential for businesses that need to share information with partners, employees, or other stakeholders while ensuring that the information remains protected.
When to Use This Form
- When sharing sensitive business information with a partner or vendor
- If hiring employees or contractors who will have access to confidential information
- When discussing potential business deals or partnerships
- To protect trade secrets and proprietary information
- When entering into joint ventures or collaborations
Key Features
- Defines confidential information clearly
- Specifies the obligations of the receiving party
- Includes the duration of confidentiality
- Outlines the consequences of a breach
- May include exceptions to confidentiality
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