Non-Disclosure Agreement Definition
A non-disclosure agreement is a contract that establishes a confidential relationship between two parties. The parties agree not to disclose any information that is covered by the agreement. Non-disclosure agreements are also known as confidentiality agreements and private disclosure agreements.
There are many different types of information that can be covered by a non-disclosure agreement. For example, trade secrets, proprietary information, and sensitive personal information can all be protected by a non-disclosure agreement. In some cases, a non-disclosure agreement may even be used to protect classified information.
Non-disclosure agreements can vary widely in terms of their scope and duration. Some agreements only cover a specific piece of information or project, while others may last for years and cover a broad range of topics. It is important to carefully read and understand a non-disclosure agreement before signing it, as it may have significant legal consequences.
