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One of the most common situations in which companies use NDAs, however, is when employees have access to confidential information, including trade secrets, proprietary processes, client information and lists, marketing strategies, and any other valuable or sensitive information.

How to Write an NDA (6 steps) Choose Your NDA Template. Select a Type of NDA: Unilateral or Mutual. Define ?Confidential Information? Enter the Consequences of a Breach. Sign the Non-Disclosure Agreement. Disclose the Information.

To create a Non-Disclosure Agreement, it must include specific information, including the following: The scope and definition of the confidential information. The permitted use of the confidential information. The obligations of the Non-Disclosure Agreement. The parties' names and addresses. The duration of non-disclosure.

You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.

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.

disclosure agreement (NDA), also known as a confidentiality agreement, is a legally binding contract in which one party agrees to give a second party confidential information about its business or products and the second party agrees not to share this information with anyone else for a specified period of time.