What is Non-Disclosure Agreement?
Quick answer
A non-disclosure agreement (NDA) is a contract requiring one or both parties to keep specified information confidential.
A non-disclosure agreement (NDA) is a contract requiring one or both parties to keep specified information confidential. NDAs can be mutual or one-way and typically have a set duration.
Examples
- A one-way NDA signed before receiving a company's pitch deck.
- A mutual NDA between two companies exploring a partnership.
- A perpetual NDA covering trade secrets rather than ordinary confidential info.
Why this matters
BeforeSigning catches NDAs that extend beyond reasonable scope — broad definitions of "confidential" or indefinite durations on ordinary business info.
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Frequently asked questions
What is Non-Disclosure Agreement?
A non-disclosure agreement (NDA) is a contract requiring one or both parties to keep specified information confidential. NDAs can be mutual or one-way and typically have a set duration.
When does Non-Disclosure Agreement matter?
BeforeSigning catches NDAs that extend beyond reasonable scope — broad definitions of "confidential" or indefinite durations on ordinary business info.
What's an example of Non-Disclosure Agreement?
A one-way NDA signed before receiving a company's pitch deck. A mutual NDA between two companies exploring a partnership. A perpetual NDA covering trade secrets rather than ordinary confidential info.
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