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Nondisclosure agreements, or NDAs for short, are legally binding documents that require people to keep certain information to themselves. In this video, well cover nondisclosure agreements requirements in Rhode Island. What to include and where to Get a state specific Template first, lets get into a little more detail about NDAs in general. An NDA, also called a confidentiality agreement, protects a company, organization, or individual business secrets from getting out into the open and especially into competitors hands. Secrets come in the form of new ideas, finances, software, and any other sensitive information. Many businesses have learned the hard way that things need to be kept close, which is why NDAs are so common in todays workforce. In fact, about a third of the US. Workforce is bound by an NDA. NDAs are commonly used on employees, subcontractors, potential investors, and anyone else that gains access to sensitive information. There are two types of NDAs unilateral NDAs ar