Confidentiality agreements are very useful to prevent unauthorized disclosures of information, but they have inherent limitations and risks. NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information.This Agreement shall terminate two (2) year(s) after the Effective Date. The. Recipient's obligations under this Agreement shall survive termination of the. Terminating an NDA does not terminate the receiving party's obligations. In other words, some but not all obligations survive termination of the NDA. Commercial lawyers can use this annotated template agreement to draft and negotiate reciprocal, or "mutual" non-disclosure (confidentiality) agreements. You agree to promptly return all Confidential Information to the Company upon the earlier of the Company's request or the termination of your employment. The "Duration of Confidentiality" refers to the time period during which confidential information must be kept private as stipulated in a contract or agreement.