A non-disclosure agreement recognizes a confidential relationship between two or more parties and protects the information they share from disclosure to outsiders.
A non-disclosure agreement was made before discussions between the companies on potential joint ventures.
Employees are often required to sign non-disclosure agreements to protect the employer’s confidential business information.
A non-disclosure agreement may also be referred to as a confidentiality agreement.
There are two main types of non-disclosure agreements: reciprocal and non-reciprocal non-disclosure agreements.