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Yes, unless specified otherwise, you can share that you signed an NDA. You however can not share whatever the NDA is in regards to.

Employment NDA agreement violations. It's illegal to reveal trade secrets or sensitive company information to a competitor. It can carry legal consequences, including fines and even jail time ? even if you didn't sign an NDA.

When drafting an NDA, it is critical to be as specific as possible. A contract can be declared null and void if the language is unduly broad, irrational, or onerous. Agreements that are overly broad, oppressive, or attempt to contain non-confidential information will also be challenged or invalidated by the courts.

There are several reasons why an NDA might be unenforceable, however. If the NDA is too broad, the information under the NDA is not actually confidential, or if the agreement requires the employee to do something illegal. NDAs must be carefully crafted for proper enforcement.

If proven, breaking NDA consequences include potential damage to your reputation and loss of credibility in your industry. This can result in the loss of current business relationships and potential new ones. Opportunities like new roles or contract work can also be lost.

There are three types of NDAs: unilateral, bilateral, and multilateral. Read on to learn when you should use each type. You'll also learn how to use a contract management tool like Ironclad to draft and manage them.

Language that is too broad, unreasonable or onerous can void an agreement. Courts will also challenge or invalidate agreements that are overly expansive, oppressive or try to cover non-confidential information. Subsequently, if the information becomes public knowledge, an NDA can no longer be enforced.