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A perpetual non-disclosure agreement never expires whilst a non-disclosure agreement with a stated time limitation ceases to be active past the time period.There are generally two broad types of information that can be protected by a non-disclosure agreement: ordinary confidential information and trade secrets.

If the information is a trade secret as defined by applicable state law, it is likely that the information can be protected indefinitely, or as long as the information would qualify as a trade secret. However, if the information is merely confidential or proprietary information, such as client lists or pricing

A standstill provision is generally only included in an NDA when the seller is a public company.These provisions are meant to protect the public company seller against a hostile buyer following failed negotiations.

NDAs are legally enforceable contracts, but they're now coming under increased scrutiny from lawmakers, attorneys and legal experts.Companies often use them as part of an employment contract or settlement agreement to protect sensitive information like trade secrets.

But what happens when a person breaks an NDA? An NDA is a civil contract, so breaking one isn't usually a crime.In practice, when somebody breaks a non-disclosure agreement, they face the threat of being sued and could be required to pay financial damages and related costs.

An NDA may be valid indefinitely, or for a specific period of time - it depends on the particular terms and the situation. An NDA's strength depends on your ability to enforce it. An NDA doesn't do much by itself if you don't have the resources to remedy/go after breaches (this can be time consuming and expensive).

As with any contract, a nondisclosure agreement can be legally broken or ended. For example, the agreement might not be legally enforceable, in which case you can break it because you'll win a lawsuit. Alternately, you might negotiate with the other party to end the agreement early.