oboloo Glossary

Date Nda

oboloo Glossary

Date Nda

A Date NDA, also known as a No Disclosure Agreement, is an agreement between two parties which legally requires that certain information disclosed to one party not be shared with any third party. This type of agreement includes an agreed-upon “effective date” that signals the start of the agreement and outlines the duration for which it will remain in effect. It is important to remember that even after the agreed upon period expires, the terms of the agreement remain binding and confidentiality must still be maintained. By signing this kind of agreement, both parties agree to maintain confidentiality, making it a valuable document in the business world.