Non-Disclosure Agreement (NDA)

A Non-Disclosure Agreement (NDA) is a legal contract that prevents one party from disclosing confidential information shared during business negotiations, partnerships, or employment. NDAs are designed to protect proprietary information, trade secrets, or any sensitive data that could harm a business if revealed to competitors or the public.

An NDA typically includes:

• The specific confidential information being protected

• The obligations of the receiving party regarding confidentiality

• The time period during which the NDA is in effect

• Any exceptions to confidentiality (e.g., if the information becomes publicly available)

NDAs are widely used in industries such as technology, healthcare, and finance, where confidentiality is essential to maintaining a competitive edge.