What Is A Law Non Disclosure Agreement

A confidentiality agreement is usually used whenever confidential information is shared with potential investors, creditors, customers or suppliers. Written confidentiality signed by all parties can give confidence to these negotiations and prevent the theft of intellectual property. The exact nature of the confidential information is specified in the non-disclosure agreement. Some non-disclosure agreements require a person to maintain secrecy indefinitely, so that at no time can the signatory disclose the confidential information contained in the agreement. Without such a signed agreement, any information disclosed in trust may be used for malicious purposes or inadvertently disclosed. .