Interesting Components Of A Non-Disclosure Agreement

Non-disclosure Agreement ("NDA") is invariably the first agreement that any parties execute to start any business relationship which involves exchange of confidential, non-public and proprietary information.

General perception is that NDA is a simple, routine, no-frills agreement executed by parties just to exert moral pressure on each other to protect their respective confidential information.

It is true that the core aspect of an NDA is to protect confidential and business information of a party; however, it is quite an intricate document more than offering protection to confidential information. NDA covers a variety of aspects, including:

a) Method of disclosure of confidential information