Who Should Use a Non-Disclosure Agreement?
A Non-Disclosure Agreement is typically created when the disclosing party (an individual or business) doesn't want valuable information to be exposed by the receiving party
(an employee, consultant, or business partner).
This type of contract is particularly useful to:
- Employers whose employees or consultants have access to confidential company information
- Business owners who are disclosing proprietary information to potential buyers, partners, or investors
- Inventors who are sharing ideas and other sensitive information with evaluators or investors