Non-Disclosure Agreement (NDA)

An NDA (Non-Disclosure Agreement), or as it is also known a Confidentiality Agreement, is used to prohibit an individual and/or business from disclosing confidential information or trade secrets. The non disclosure agreement empowers the parties that sign it to discuss their ideas without fear of losing their business opportunities and/or what they consider critical / confidential information.   When should I use an Non Disclosure Agreement? Before you decide to share sensitive business information with another company or individual. Before you provide sensitive information to a potential buyer for your business. Before giving employees access to sensitive proprietary information. Before hiring a contractor which will have access to sensitive proprietary information. Before presenting confidential ideas to possible investors or partners. TOTAL Pages 2 This is a Rich Text Format file that you can open in any version of Microsoft Word.