Non-Dis­clo­sure Agree­ments (NDAs) are every­where in the busi­ness world. Whether you’re start­ing a new job, work­ing on a sen­si­tive project, or leav­ing a com­pa­ny, you might be asked to sign one. But what do these agree­ments real­ly mean, and how enforce­able are they? Let’s break it down.

What Is an NDA?

An NDA is a con­tract that pre­vents employ­ees from dis­clos­ing con­fi­den­tial infor­ma­tion. Employ­ers use them to pro­tect trade secrets, busi­ness strate­gies, client lists, and oth­er pro­pri­etary data. NDAs can be stand­alone agree­ments or part of a broad­er employ­ment contract.

There are two main types:

1. Uni­lat­er­al NDAs – One par­ty (usu­al­ly the employ­ee) agrees not to dis­close information.
2. Mutu­al NDAs – Both par­ties agree to keep shared infor­ma­tion con­fi­den­tial, often used in busi­ness partnerships.

Con­tin­ue read­ing The Role of Non-Dis­clo­sure Agree­ments (NDAs) in Employ­ment →