An NDA is a Non-Disclosure Agreement. It’s a contract used to protect confidential information from being shared. When you sign an NDA, you’re agreeing not to share the confidential information with anyone else.
There are two types of NDAs:
- Unilateral: This type of NDA is between one party and another.
The discloser (the person sharing the confidential information) agrees not to share the information with anyone else. The recipient (the person receiving the confidential information) agrees not to share the information with anyone else.
- Mutual: This type of NDA is between two parties. Both parties agree not to share the confidential information with anyone else.
NDAs are often used in business deals, such as when two companies are considering a merger or acquisition. They’re also used in employment agreements, to protect a company’s trade secrets.
If you’re asked to sign an NDA, be sure to read it carefully and understand what you’re agreeing to. If you have any questions, ask for clarification before you sign.
If you sign an NDA with Upwork, you agree not to disclose any confidential information you learn while working with them. This includes both written and oral information. Confidential information may include, but is not limited to, Upwork’s business plans, clients, and financial information.
If you breach an NDA, you could be sued for damages.
An NDA is a Non-Disclosure Agreement.
There are two types of NDAs: Unilateral and Mutual.
A Unilateral NDA is between one party and another. The discloser (the person sharing the confidential information) agrees not to share the information with anyone else.
A Mutual NDA is between two parties.
NDAs are often used in business deals, such as when two companies are considering a merger or acquisition.
If you’re asked to sign an NDA, be sure to read it carefully and understand what you’re agreeing to.
