3. NDA

Non-Disclosure Agreement (NDA) is a legal contract that protects confidential information from being shared with unauthorized parties. It is commonly used in business deals, employment contracts, and partnerships to safeguard trade secrets, business strategies, or sensitive data.

Types of NDAs:

1. Unilateral NDA – One party agrees to keep the other party's information confidential (e.g., an employee signing an NDA with an employer).

2. Mutual NDA – Both parties agree not to disclose each other’s confidential information (e.g., two companies discussing a potential partnership).

Violating an NDA can lead to legal consequences, including fines or lawsuits.

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Reference

1. "Non-Disclosure Agreements (NDAs): Everything You Need to Know" by Ironclad This comprehensive article provides an in-depth overview of NDAs, including their purpose, types, and key components.

   • URL: https://ironcladapp.com/journal/contracts/non-disclosure-agreements/

2. "Non-Disclosure Agreement (NDA) Explained, With Pros and Cons" by Investopedia This resource offers a detailed explanation of NDAs, discussing their benefits, potential drawbacks, and common scenarios for use.

   • URL: https://www.investopedia.com/terms/n/nda.asp

3. "Non-Disclosure Agreements: Forms & Templates" by Indiana University Indiana University provides a collection of NDA templates tailored for various scenarios, serving as practical examples for drafting your own agreements.

   • URL: https://vpgc.iu.edu/forms/nondisclosure.html

4. "4 Things You Should Know About Non-Disclosure Agreements" by Thomson Reuters This article outlines essential considerations when creating and using NDAs, emphasizing the importance of clear language and proper implementation.

   • URL: https://legal.thomsonreuters.com/en/insights/articles/4-things-to-know-about-non-disclosure-agreements

5. "Non-Disclosure Agreement (NDA) Template – Sample" by NonDisclosureAgreement.com This website offers a free, customizable NDA template, along with guidance on how to draft an effective non-disclosure agreement.

   • URL: https://nondisclosureagreement.com/