A non-disclosure agreement, also known as an NDA, is a binding contract between two or more parties. The purpose of this contract is to prevent sensitive information from being shared. Breaking an NDA can trigger numerous legal consequences, such as lawsuits, fines, and (in some cases) criminal charges.

The purpose of a confidentiality agreement is to potent new business products and ideas. An NDA is arguably the most common form of a confidentiality agreement. Most agreements name the parties involved, the subjects that must remain confidential, the duration, and the obligations. There are often exclusions built into confidentiality agreements, such as knowledge that’s publicly available or easily learned outside the company.

An NDA in the context of manufacturing functions the same as any other NDA. However, in the case of manufacturing, NDAs are usually signed between a manufacturer and a business or individual. This prevents the manufacturer from publicly revealing any trade secrets or sensitive information.

An NDA in the context of web development functions the same as any other NDA. However, in the case of web development, companies need to take steps to safeguard their intellectual property. This is because the development process may require trade secrets or non-public knowledge to be shared with the developer in order to properly build the website.