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This Non-Disclosure Agreement (NDA) details the terms for protecting proprietary information between Kaney, Inc. and another party, effective for three years.
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A non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between two parties. It ensures that sensitive information shared between them is not disclosed to third parties.
Typically, parties involved in business negotiations, partnerships, or sharing proprietary information are required to file a non-disclosure agreement. This includes employees, contractors, and other entities sharing confidential information.
To fill out a non-disclosure agreement, both parties should identify the confidential information to be protected, outline the terms of confidentiality, specify the duration of the agreement, and include signatures from both parties to make it legally binding.
The purpose of a non-disclosure agreement is to protect sensitive information from being disclosed to unauthorized parties, thus safeguarding trade secrets, intellectual property, and other confidential business information.
The NDA should report the names of the parties involved, define what constitutes confidential information, outline the obligations of the receiving party, specify the duration of confidentiality, and detail any exclusions to the agreement.
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