NDA — Legal Guide: Non-Disclosure & Confidentiality Agreement (Negotiations of Potential Business Relationship or Joint Venture)
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NDA — Legal Guide: Non-Disclosure & Confidentiality Agreement (for use in Negotiations of Potential Business Relationship or Joint Venture)
Summary:
If you are planning to have discussions or negotiations with a potential business partner or are considering entering into a joint venture arrangement with another business, it will be necessary during the early discussions and negotiation stage to disclose certain information about your business to the other party to facilitate reaching an agreement with the other business. However, during the early discussions / negotiation stage you may be reluctant to disclose the information without some form of written agreement to protect the legal rights of the parties. The legal document used to protect your legal rights is a called a “Non-Disclosure Agreement” (also known simply as an “NDA”) or a “Confidentiality Agreement”.
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