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Thanks to the ESIGN act, e-signatures are acceptead in NDA contracts by the majority of countries in the world. Usually, valid electronic signatures are deemed to carry the same legal weight as typical wet-ink signatures.

NDAs are often used during business negotiations when working on a deal with another company or individual. For instance, if one is considering a business merger with another company, a bilateral NDA needs to be signed so both parties can keep their respective sensitive data safe.

?Disclosing Party? means the party disclosing Confidential Information to the other party, including any Affiliate of such other party. ?Receiving Party? means the party receiving Confidential Information from the other party, including any Affiliate of such other party.

Does an NDA have to expire? An NDA doesn't have to expire, as it can last indefinitely.

There are three types of NDAs: unilateral, bilateral, and multilateral. Read on to learn when you should use each type. You'll also learn how to use a contract management tool like Ironclad to draft and manage them.

I agree that I shall not during, or at any time after the termination of my employment with the Company, use for myself or others, or disclose or divulge to others including future employees, any trade secrets, confidential information, or any other proprietary data of the Company in violation of this agreement.

How to Write an NDA (6 steps) Step 1 ? Choose Your NDA Template. ... Step 2 ? Select a Type of NDA: Unilateral or Mutual. ... Step 3 ? Define ?Confidential Information? ... Step 4 ? Enter the Consequences of a Breach. ... Step 5 ? Sign the Non-Disclosure Agreement. ... Step 6 ? Disclose the Information.