A non-disclosure agreement, or NDA, is a legal contract that establishes a confidential relationship between two parties. NDAs are commonly used between two companies discussing joint ventures to ensure the secrecy of the terms while they are being decided. In this case, it may be referred to as a mutual NDA. Employees may also be required to sign an NDA before being hired to protect an employer’s confidential business information, in which case the employee will be the only party required to sign.
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0:00 Non-disclosure Agreement (NDA) Definition
0:29 Purpose of NDA
0:42 NDA Major Components
1:42 NDA Question & Application
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