Nondisclosure Agreement Regarding Purchase of Business

 Nondisclosure Agreement Regarding Purchase of Business
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State:
Multi-State
Control #:
US-0311BG
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Description

This form is a nondisclosure agreement regarding the purchase of a business. A non-disclosure agreement is a legally binding contract between two or more persons, in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Usually, non-disclosure agreements are used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Information known to the parties with regard to their transactions should not be disclosed to a third party.

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