Скачать или смотреть Non Disclosure Agreement Explained | when you need to enter into NDA?

A non-disclosure agreement (NDA) is a legal contract that establishes a confidential relationship between parties by restricting who can access and use certain information. NDAs are also known as confidentiality agreements, confidentiality disclosure agreements, or non-disclosure contracts.

Here are some clauses that may be included in an NDA:

• Confidentiality: Defines the information that is to remain confidential
• Use: Outlines how the parties can use the confidential information
• Context: Describes the context for the agreement, such as any related documents
• Severability: If a court finds a provision to be invalid, the remaining provisions remain in effect
• Governing laws:
• Exclusions: Defines what is not considered confidential

NDAs can be mutual, where both parties are bound by the agreement, or unilateral, where only one party is bound. They can be included in employment contracts, conciliation agreements, settlement agreements, or as stand-alone documents.
Breaking an NDA is a breach of contract and can lead to a litigations.

Companies use NDAs in many situations and to protect many types of information. For example, the mergers and acquisitions process. When a company wants to be acquired, it is common to ask an interested buyer to sign an NDA so that confidential information can be freely shared during negotiations. Each side knowing it is safe helps the business relationship flourish.

NDA agreements are common in employment cases but can be used in a variety of manners, such as Patent NDAs or NDAs involving upcoming films, where the material concerning a new movie being released must be kept secret.


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SAEED A. SHAIKH, CONTRACTS EXPERT LAWYER
SHAIKHAIN MANAGEMENT & LAW CONSULTANTS
LAHORE - PAKISTAN
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Email: [email protected]