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A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement, is a legally binding contract between two or more parties designed to protect sensitive information shared during a business relationship.Key elements typically addressed in a Non-Disclosure Agreement include the definition of confidential information,the duration of the confidentiality obligations, the permitted disclosures (if any), and the consequences of a breach. NDAs can be mutual, where both parties agree to keep each other's information confidential, or one-sided, where only one party is sharing confidential information.
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A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement, is a legally binding contract between two or more parties designed to protect sensitive information shared during a business relationship.Key elements typically addressed in a Non-Disclosure Agreement include the definition of confidential information,the duration of the confidentiality obligations, the permitted disclosures (if any), and the consequences of a breach. NDAs can be mutual, where both parties agree to keep each other's information confidential, or one-sided, where only one party is sharing confidential information.
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