A Confidentiality Agreement (also called a Non-Disclosure Agreement or NDA) is a contract that restricts how confidential information exchanged between the parties may be used, shared, or retained. It is typically executed at the start of a commercial engagement or negotiation.
Mutual versus one-way NDAs
A mutual NDA protects both parties' confidential information; a one-way NDA protects only the disclosing party. Term length, definition of confidential information, and permitted uses vary by relationship type.
Portfolio management
Organizations accumulate NDAs at a rate that outpaces most tracking. Structured repository management prevents a common failure mode - signing a new NDA with a party you already have one with, on inconsistent terms.
