Typically, NDAs prohibit employees from disclosing specific confidential information they learn or have access to while they are employed. Nondisclosure agreements can allow businesses to disclose confidential information without the risk of losing ownership of that information.An NDA is an agreement to hide something. In the cases I have encountered it has always been an agreement to exercise power over and hide sin. NDAs are used any time that confidential information is disclosed to potential investors, creditors, employees, advisors, clients, suppliers, or stakeholders. NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information. As you requested, we reviewed federal agencies' implementation of clas- sified information nondisclosure agreements, including Standard Form.