Common Contracts
1 similar Non Disclosure Agreement contracts
Non disclosure agreement example pdfNon Disclosure Agreement • July 8th, 2023
A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement, is a contract between two parties where one shares sensitive information and the other party promises to keep it confidential. Confidential information is often sensitive, technical, commercial, or valuable in nature (e.g., trade secrets or proprietary information). Both parties sign the Confidentiality Agreement, creating a binding contract to keep the information secret. Be sure you understand how to write an NDA before drafting your own or learn more about an NDA with our NDA guide. On February 21, 2023, the National Labor Relations Board issued a decision that may limit confidentiality clauses in severance agreements. The board found that such clauses may violate employees’ rights under sections 7 and 8(a)(1) of the National Labor Relations Act. The decision reverses a previous decision issued in 2020 and might affect employers who included NDAs in their severance agreements between 2020 and 2023. The docu
