Non-Disclosure Agreement

  NON-DISCLOSURE AGREEMENT

 

In business there exist many strategies, plans, methods and trade secrets which need to be kept confidential. A non-disclosure agreement is made between two parties to keep certain information protected and away from a third party’s knowledge. It is also known as a confidentiality agreement, confidentiality disclosure agreement, proprietary information agreement, and secrecy agreement.

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Panomics Legal Mentors will help you to draft a agreement of non-disclosure from the comfort of your home, offering you services that are very specialized and tailored for each individual.

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ADVANTAGES OF NON-DISCLOSURE AGREEMENT

 

  1. IMPROVES CLARITY: The Non-Disclosure agreement involves a detailed description of what can bring to the knowledge of a third party and what not which improves clarity in the minds of parties.
  2. GUARDS THE PARTIES: The parties express their will, rights, and duties in an agreement which reduces the scope of disputes between the parties in the future.
  3. PROOF: It acts as evidence that expresses the duties and rights which the parties have agreed on in maintaining any confidential matters.
  4. CLAIM DAMAGES: Agreement involves clauses that state the compliance with any confidentiality and in case of non-compliance the aggrieved party can claim damages from the other.

 

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CONTENTS

 

  1. Details of parties.
  2. Nature of business.
  3. Term.
  4. Purpose of confidentiality.
  5. Things to be kept confidential.
  6. The Remedy is available for non-disclosure.