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15th March 2016, 12:05 PM
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Join Date: May 2012
Re: Non Disclosure Contract

Non-disclosure agreement also known as a confidentiality agreement (CA) is a legal contract between at least two parties that outlines 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.

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.

There are two types of NDA:

Unilateral NDA

Bilateral NDA

This contract provides some conformation and securities for other cases in which confidential information might be protected through an NDA can include:

Business models to be presented to a venture group for possible funding
Plans for a new tool to be to be produced by a fabrication shop
Information about clients or customers for a specific company
Lab workers who have access to test results before patients
Embargoed news releases or reviews

Format of NDA



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