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In the technology sector, nondisclosure agreements (NDAs) are commonly exchanged between organizations. For instance, a vendor may require a corporate customer to sign an NDA before reviewing a technology that may be licensed. Enterprises approached to sign such agreements should proceed cautiously, as signing an NDA entails risks. By signing, the organization agrees to receive sensitive information and commit to not disclosing it to unauthorized individuals or using it without permission. Additionally, the NDA may include obligations to secure the provided information.
