A Non-Disclosure Agreement (NDA) is a legal contract between at least two parties that defines confidential material, knowledge or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or 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 are considering doing business and need to understand the processes used in each other's 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.
Any individual or any sovereign entity may require the Non-Disclosure Agreemenr as per their requirements.
The documents and information needed will vary based on the agreement selected by the client. Let FINMART understand your needs and assist you in documents requirement.