A non-disclosure agreement (NDA) is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets.
NDAs are commonly signed when two companies, individuals, or other entities (such as partnerships, societies, etc.) are considering doing business and need to understand the processes used in each others business for the purpose of evaluating the potential business relationship. NDAs can be "mutual", meaning both parties are restricted in their use of the materials provided, or they can restrict the use of material by a single party.
T is also possible for an employee to sign an NDA or NDA-like agreement with an employer. In fact, some employment agreements will include a clause restricting employees' use and dissemination of company-owned "confidential information."
Agreement Between Companies With Chinese
State:
Multi-State
Control #:
US-03119BG
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Word;
Rich Text
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FAQ
This is because although your English contract is legally enforceable, a Chinese court will still have to translate it into Chinese to read it. Your contract is therefore only as legally enforceable as the accuracy of the employed translator.
disclosure, Nonuse and Noncircumvention Agreement (NNN) is a type of confidentiality agreement used in business dealings with Chinese companies, particularly Chinese manufacturers. Nondisclosure means the counterparty cannot disclose any confidential information you provide.
A legal business contract between two parties is a promise made by one party to another. A contract is often called an agreement. Each party in the agreement expects the other to keep their promise in the contract.
A company chop is an official seal or stamp that replaces the use of a signature in Western countries. A company chop is used to legally authorize documents instead of using a signature. Managers and administrators commonly use company chops.
NNN Agreements are the Chinese equivalent to the western world's Non-Disclosure Agreement(NDA). An effective NNN agreement is used to help protect your confidentiality when working with manufacturers directly in China. NNN agreements include non-disclosure, non-circumvention, and non-use clauses.
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The Comprehensive Agreement on Investments (CAI) between the EU and China has been approved in principle since 30 December 2020. Too many companies have learned this lesson the hard way.Agreement facilitate investments by. The CAI binds China's liberalisation of investments over the last 20 years, making the conditions of market access for EU companies clear. The Comprehensive Agreement on Investment (CAI) is a proposed investment deal between the People's Republic of China and the European Union.