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Confidentiality Agreement

Confidentiality Agreement

Confidentiality Agreement

A Confidentiality Agreement, also known as a Non-Disclosure Agreement (NDA), is a legal contract between two or more parties that outlines confidential information, materials, or knowledge that the parties wish to share with one another but restrict access to by third parties. This document typically includes:

1. Identification of the parties involved

2. Definition of what is considered confidential

3. Exclusions from confidential information

4. Obligations of the receiving party

5. Time periods for maintaining confidentiality

6. Permissible uses of the information

7. Consequences of breaching the agreement

Confidentiality Agreements are commonly used in business, employment, and legal contexts to protect sensitive information such as trade secrets, client data, or proprietary processes. They help establish trust between parties and provide legal recourse if confidentiality is breached.

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