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Nondisclosure agreement: What is it?
Nondisclosure agreements, or NDAs, protect secrets and proprietary information from being reveled to the wrong people. When you have an employee, contractor, or associate sign an NDA, it's like a promise they won't share your or your business' private information with anyone.
So, what goes into a Nondisclosure Agreement:
Who it's coming from
Know if they're a business or individual and have their name and contact info ready.
Who it's going to
Have their name and contact info ready, too.
Which laws with govern it
Know which state's laws will apply if there's some kind of dispute.
What it's about
Have an idea what type of information your NDA protects.
Be clear about when this takes effect.