An Employee Nondisclosure Agreement (NDA) is an important document that serves to protect confidential information, proprietary data, and trade secrets shared between employers and employees. This legal contract outlines the specific restrictions related to the disclosure and use of privileged information. It enables employers to control their intellectual property assets, preventing it from being disclosed to any third parties and/or used for personal gain. By signing a nondisclosure agreement, employees are formally bound by law to keep certain information secret and protect their employer’s interests.