There are many instances in business when a person will want to share confidential information with another party, but to do this safely often requires a non-disclosure agreement. This article discusses some of the key terms that a non-disclosure agreement (also known as a “confidentiality agreement”) must include. It makes sense to have a confidentiality agreement when a business person wants to convey information to another business person without the risk of having that information stolen or used without approval. The two basic formats of a non-disclosure agreement are a mutual agreement or a one-sided agreement. This article examines and explains the key elements of a non-disclosure agreement. It also takes a look at some of the additional provisions that can help to strengthen a non-disclosure agreement.
See Richard Harroch, The Key Elements Of Non-Disclosure Agreements, Forbes, March 10, 2016.
