Confidentiality Agreement

A Confidentiality Agreement, often called a non-disclosure agreement (NDA), is a legal contract between two parties that outlines the protection of sensitive information shared between them. It ensures that the recipient cannot share or misuse the information without permission. These agreements are commonly used in business settings to safeguard trade secrets, intellectual property, or proprietary data. By signing the agreement, both parties commit to keeping the shared information private, fostering trust and security in their professional relationship. Breaching this agreement can lead to legal consequences, emphasizing the importance of confidentiality in various dealings.