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Non-Disclosure Agreement (NDA)
Non-Disclosure Agreement (NDA)
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An NDA (Non-Disclosure Agreement), or as it is also known a Confidentiality Agreement, is used to prohibit an individual and/or business from disclosing confidential information or trade secrets.
The non disclosure agreement empowers the parties that sign it to discuss their ideas without fear of losing their business opportunities and/or what they consider critical / confidential information.
When should I use an Non Disclosure Agreement?
- Before you decide to share sensitive business information with another company or individual.
- Before you provide sensitive information to a potential buyer for your business.
- Before giving employees access to sensitive proprietary information.
- Before hiring a contractor which will have access to sensitive proprietary information.
- Before presenting confidential ideas to possible investors or partners.
TOTAL Pages 2
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