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a confidentiality or non-disclosure agreement is a legal contract that restricts the disclosure of certain specified confidential information these types of agreements are often signed in order to maintain the secrecy of a business idea or in connection with settlement agreements an nda is also often used to ensure that employee does not disclose business or trade secrets to a competitor or to the public ndas may be signed by any legal entity including persons over 18 and organization representatives on behalf of the organization the language of an nda should be precise and the specific requirements may vary depending on your states laws since there are often important legal rights at stake its essential you fully understand the terms of any contract including a confidentiality or non-disclosure agreement before you sign one
