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Five other key features must be included in your NDA to ensure it's legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.
Examples of confidential information include a person's phone number and address, medical records, and social security. Companies also have confidential information such as financial records, trade secrets, customer information, and marketing strategies.
I understand that any information concerning the identities and information shared by people participating in project-related focus groups, individual interviews, or other needs assessment activities is to be kept confidential at all times.
A confidentiality clause binds parties to nondisclosure of proprietary or confidential information within the larger confines of a contract or agreement. Its scope is generally limited in time and type of information.
A confidentiality agreement should include a clear definition of the confidential information, scope of the agreement, obligations of the receiving party, the duration of the contract, any exceptions to confidentiality, and the consequences of a breach of the contract.
How to Make an NDA Legally Binding Write the parties involved. Clearly define the disclosing and receiving parties. ... Define confidential information. ... State restrictions. ... Write exclusions. ... Define duration. ... Write remedies for breach. ... State governing law and jurisdiction. ... Add signatures.
You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.