Nondisclosure Agreement

A Nondisclosure Agreement (NDA) is a legal contract between parties that ensures sensitive information shared during their relationship remains confidential. It specifies what information cannot be disclosed to others and the duration of the confidentiality obligation. An NDA protects proprietary details, trade secrets, or personal data from being shared publicly or with competitors, helping maintain trust and security. Violating an NDA can lead to legal consequences, including damages or injunctions. Overall, it’s a formal way to safeguard valuable information when collaborating, negotiating, or working together.