What is a non-disclosure agreement?
A non-disclosure agreement (NDA) is a contract through which the parties agree to share confidential information but not to disclose it publicly.
NDAs can be mutual, meaning both parties are restricted in their use of the materials provided, or they can restrict only a single party.
NDAs are often signed when two parties are considering doing business together and need to understand confidential workings of one another's businesses in order to form a business relationship. It is common for employees or consultants to sign an NDA when they’re hired by a company.
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