Reliable Non Disclosure Agreement For Your Business
We’re ready to release our templates of non disclosure agreement. We hope that our templates can be useful for companies, firms, and all individuals. Our templates are completely free 100%. You can simply download, edit if necessary and print. In this article we’re going to explain a little bit about NDA and then you can find all our templates too.
NDA or non disclosure agreement is a type of legal contract between at least two parties that states confidential material, knowledge, or any information that parties wish to share with each other for certain purposes, but still wish to restrict the other party to share the information to any third parties. In other words, it is a type of contract which the parties agree not to disclose information covered by the agreement itself. NDA is commonly used by doctor and patient, attorney and client, priest and penitent, bank and client, etc.
NDA ensures that a confidential relationships or information stay within the confinement all the parties involved and not accessible by outsiders. NDA is designed to protect non-public business information from leaking and like all contracts, they can’t be enforced if the contracted activities, relationships or information are felonies. So, don’t use an NDA to cover your crimes, it won’t work.
Commonly, an NDA is signed between two companies, individuals or other entities such as partnership between a company and an individual or societies, etc. who are doing business and need to make each other understand specific information is confidential.
General Types of NDA
There are three types of NDA:
- Unilateral – it involves two parties where only one party or the disclosing part anticipates disclosing certain information to the other party and require the information to be kept away from the public for some reason.
- Bilateral – it involves two parties where both parties anticipate disclosing information to one another that each party knows that it shouldn’t leak outside to the public. It is common for businesses who are considering some kind of merger.
- Multilateral – it involves three or more parties where at least one party anticipates disclosing information to the others and requires that the information never disclosed outside. This agreement can be useful for everyone involved, because they can review, execute, and implement just one agreement.
If you’re ready to issue your own NDA, check out our templates of non disclosure agreement below.