Non-Disclosure Agreement
From LawDepot Law Library
Definition of "Non-Disclosure Agreement"
A Non-Disclosure Agreement, also known as a confidentiality agreement, is an agreement that protects confidential information during discussions, proposals, reviews, analysis, and negotiations. The agreement allows the disclosing party to share valuable confidential information but retain control over how the information is used by the receiving party. This type of agreement is useful when disclosing information to a potential purchaser, having an invention evaluated, or when an employee or contractor will have access to or create confidential information during their employment/retainer.
