Non-Disclosure Agreement (India)Non-Disclosure Agreement • September 11th, 2024
Contract Type FiledSeptember 11th, 2024Non-Disclosure agreements or Confidentiality agreements are contracts entered into by two or more parties in which some or all of the parties agree that certain types of information that is disclosed by one party to the other or that are created by one of the parties will remain confidential. Such agreements are often used when a company or individual has a secret process or a new product that it wants another company to evaluate as a precursor to a comprehensive licensing agreement; when a company wants to engage an independent contractor or employ an employee to work on company’s proprietary ideas, concepts etc.; when a company is looking to discuss its business and financial information for the purpose of seeking investments from investors; or, perhaps one party wants to evaluate another's existing commercial product for a new and different application.