A General Non-Disclosure Agreement (also referred to as a Confidentiality Agreement) is a legally-binding contract between two parties (the “Disclosing Party” and the “Receiving Party”) that prevents confidential information from being shared with third-parties. It is used to protect sensitive information from being disclosed or used without the permission of the Disclosing Party. A General Non-Disclosure Agreement typically includes the definition of “Confidential Information,” the responsibilities of both parties, the restrictions on the use and disclosure of Confidential Information, the duration of the agreement, and the remedies available in the event of a breach. The most common types of General Non-Disclosure Agreements are unilateral, bilateral, and multilateral agreements. A unilateral agreement is when one party agrees not to disclose the Confidential Information of the other. A bilateral agreement is when both parties agree not to disclose each other’s Confidential Information. A multilateral agreement is when multiple parties agree not to disclose each other’s Confidential Information.