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No, non-disclosure agreements do not have to be notarized to be enforcable.

Non-disclosure agreements are governed by contract law. Unlike other areas of the law and subject to a few exceptions, contract law does not provide for penalties. Even a party that willfully and intentionally breaches a contractual obligation will not be punished for it by the court.

If someone breaches an NDA, they break a contract, leaving them open to being sued. But if a company thinks the NDA is going to be breached, it can apply for an injunction, as Sir Philip did to prevent his name being circulated by the Daily Telegraph in connection with allegations of racial and sexual harassment.

Identify each party in the first section of the form. The NDA form will start by declaring it to be an agreement and identifying who the agreement is between. Whoever is disclosing the information to be protected is the "disclosing party"; write his or her name on this space.

In summary, there's no reason why an NDA cannot be terminated if things are no longer working out between the parties. However, this doesn't mean that confidentiality obligations are automatically cancelled upon termination.

NDAs are legally enforceable contracts, but they're now coming under increased scrutiny from lawmakers, attorneys and legal experts.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.

Non-disclosure agreements are an important legal framework used to protect sensitive and confidential information from being made available by the recipient of that information. Companies and startups use these documents to ensure that their good ideas won't be stolen by people they are negotiating with.