At the same time, the “ Receiving Party” is the individual or entity receiving information.Ĭonfidential information has been shared in a mutual NDA (a bilateral NDA). The “ Disclosing Party” is the individual or entity sharing information. Start your NDA by establishing the “ Parties” to the agreement. Here are the standard clauses you should include and what they mean: Step 1 – Disclosing and Receiving Parties You may want to fill in or write your Non-Disclosure Agreement.
Protect patent rights – If you intend to share trade secrets, you must take reasonable steps to protect their confidentiality.
To protect sensitive information – If you or your company need to protect sensitive data, you can use an NDA, so participants are legally bound not to divulge or release the information to other parties.Interview Non-Disclosure Agreement What is the Purpose of a Non-Disclosure Agreement?Ī Non-Disclosure Agreement aims to prevent confidential information from being publicly disclosed or used by any parties you share information with.Ī signed NDA sets the legal framework to protect intellectual property and information from being stolen, sold, or shared with third parties, such as business competitors. Used to ensure that your recruiting efforts don't accidentally result in proprietary information being leaked.
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