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Non-Disclosure Agreement
A Non-Disclosure Agreement (NDA), also referred to as a Confidentiality Agreement, is a legal contract that establishes a confidential relationship between parties and protects sensitive information from being disclosed. This agreement ensures that when one party shares proprietary or confidential details with another, it will not be shared with others, maintaining the confidentiality of the information exchanged. NDAs are vital for safeguarding trade secrets, business strategies, intellectual property, and any other private data during business negotiations, partnerships, or employment situations, thereby helping businesses preserve their competitive advantages.
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