A Nondisclosure Agreement (NDA) — Business Plan is a legal document that protects confidential information shared between two parties. It is commonly used when one party (the Disclosed) wishes to share information with another party (the Recipient) but wants to ensure that the information is not disclosed to any third party. The NDA is a binding contract between the two parties and is typically signed before any confidential information is exchanged. Types of Nondisclosure Agreement — Business Plan include: Unilateral NDA: This type of NDA is used when one party wishes to protect their confidential information from being disclosed to the other party. Mutual NDA: This type of NDA is used when both parties wish to protect their confidential information from being disclosed to one another. Confidentiality Agreement: This type of NDA is similar to a Mutual NDA but is used when both parties are exchanging confidential information. Uniform NDA (USDA): This type of NDA is used when a company wishes to protect its confidential information from being disclosed to any other company. Employee NDA: This type of NDA is used to protect an employer’s confidential information from being disclosed to employees. Vendor NDA: This type of NDA is used to protect an employer’s confidential information from being disclosed to vendors.