Confidentiality agreement
Non-disclosure agreement (NDA) or a confidential disclosure agreement (CDA). A legally binding agreement between at least two parties that undertake to exchange confidential materials or knowledge, subject to their non-dissemination. This agreement creates a confidential relationship between the parties to further protect the subject of exchange.
The confidentiality obligation is not applied where:
Such agreements are often concluded between companies or individuals who, by cooperating with each other, must understand the processes and solutions they use to further develop their business relationships, such as mergers and acquisitions. They may be reciprocal (both parties are obliged) or unilateral (only one party to the contract is required to keep the secret). Bibliography
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