Non-disclosure agreements ensure that both parties to a potential transaction or project (p.B a joint venture) understand the confidentiality of the information disclosed and the consequences of a breach of confidentiality. For example, some non-disclosure agreements require the discoverer of sensitive information to mark all disclosures to the recipient as confidential. This condition reduces confusion about the disclosures covered by the agreement, but it requires the revealing party to identify the protected documents. If confidential communications may involve oral exchanges, the NDA may require the Company to summarize all relevant oral exchanges in a timely manner and mark them as confidential. Companies often use non-disclosure agreements when they want to hire a person or company to assess, develop, market or fund a trade secret.

Which Of The Following Is True Of A Non Disclosure Agreement | כללי | Comments (0)