What is a Non Disclosure Agreement?
A non-disclosure agreement template helps you create a legally binding contract that establishes a confidentiality relationship. The party or parties to the agreement agree that any sensitive information they may obtain will not be made available to others. An NDA can also be considered a confidentiality agreement.
Non-disclosure agreements are common for companies to negotiate with other companies. They allow parties to share sensitive information without fear of falling into the hands of competitors. In this case, it can be called a mutual non-disclosure agreement.
Why use a Non Disclosure Agreement Template ( NDA )?
The main benefit of an NDA is that sensitive information about your business is kept confidential. It could be research and development (RandD), maybe patents, finance, future negotiations, etc. Signing an NDA is one way to prevent personal information from being made public.
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