What is a non-disclosure agreement?
a contract by which one or more parties agree not to disclose confidential information that they have shared with each other as a necessary part of doing business together.
What is the purpose of a non-disclosure agreement?
An NDA creates the legal framework to protect ideas and information from being stolen or shared with competitors or third parties. Breaking an NDA agreement triggers a host of legal ramifications, including lawsuits, financial penalties, and even criminal charges.
Non Disclosure Agreement (NDA) Template Sample Free Download