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VIDEO · 03 NOVEMBER 2023

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It Depends – What is a non-disclosure agreement?

Cooper Grace Ward
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A non-disclosure agreement, an NDA or a confidentiality agreement should be used when you share sensitive information.

AustraliaCorporate/Commercial Law

In this edition of 'It depends', senior associate Keeghan Silcock talks about what a non-disclosure agreement (NDA) is and whether you need one.

Video transcript

Hi. My name's Keeghan. Welcome to another edition of It Depends. Today, I'll be talking about whether you need a non-disclosure agreement.

What is a non-disclosure agreement (NDA)?

So, a non-disclosure agreement is also known as an NDA or a confidentiality agreement. If you're wanting to share sensitive information with someone else and you want them to agree not to share that information with anyone else themselves, then you can get them to sign an NDA. It's an important document to sign before you share that information, otherwise you might lose the benefit of the sensitivity if they share it with someone else. The agreement can also include other terms, not just the non-disclosure of that information. So, you can have the agreement say that they can't, for example, solicit employees of your

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