Non-Disclosure Agreement (NDA)
Non-Disclosure Agreement (NDA)
A Non-disclosure Agreement (NDA) is a contract that prevents someone from disclosing confidential information. It’s a secret space where all your sensitive and undisclosed information can be safe and sound, ensuring the data stays safe. For this reason, it can be straightforward or include complex clauses and provisions. For example, an NDA might only require disclosing confidential information to one party while allowing the other party to use the disclosed information freely.
An effective NDA will be tailored to suit your business needs, but if you're starting and need a template, we have one that you might want to use. NDAs should be used whenever sensitive or confidential information is being shared. This can help protect the interests of the person or entity that owns the information and help prevent misunderstandings or disputes about the disclosure of the data.