What is a Non-Disclosure Agreement (NDA) or Confidentiality Agreement?

Non-Disclosure Agreement (NDA) or Confidentiality Agreement is very popular amongst startups. The Agreement contains terms and conditions as to how the exchange of information between the parties such as trade secrets, intellectual property, technical know-how, software codes, company’s client information etc. is to be disclosed and used in connection with third parties.

This legally binding agreement secures the interests of both parties and after signing this agreement, parties can safely enter into a business relationship.

NDA can be executed in various scenarios such as with an employee, thereby forbidding them from accessing sensitive information, with investors with whom you are sharing your business proposal/idea, with prospective founders or co-founders, etc.

It is recommended that the Non-Disclosure Agreement or Confidentiality Agreement should be drafted by legal experts.

The drafting of the agreement takes around 1-2 days and our experts shall contact you and understand your business and your requirements.