As « NDA » is the abbreviation for an English term, it is difficult to answer the question of the correct German article. Non-disclosure agreements are common for businesses entering into negotiations with other businesses. They allow the parties to share sensitive information without fear that it will end up in the hands of competitors. In this case, it may be called a mutual non-disclosure agreement. A confidentiality agreement, including the declaration of confidentiality, confidentiality agreement, confidentiality agreement, NDA (non-disclosure agreement) or CDA (abk. for engl. confidential disclosure agreement), is a contract that sets a silence on negotiations, the outcome of negotiations or confidential documents. The obligated agrees to keep secret the information he has made available to him. Unlike industrial secrecy, which is enshrined in law, the confidentiality agreement is a contractual freedom. A non-disclosure agreement (NDA), then known as a confidentiality agreement, is a legally binding contract in which one party agrees to give a second party confidential information about its business or products and the second party agrees not to share this information with anyone else for a specdifie period of time. NDAs are used to protect sensitive information and intellectual property (IP) by outlining in detail what information must remain private and what information can be shared or released to the public.
In addition to an NDA, potential investors may be asked to sign a non-compete agreement (NCA) that prevents the investor from using information acquired during negotiation to gain a competitive advantage. Such considerations are especially important when patents have been applied for but have not yet been issued. An NDA may also be referred to as a confidentiality agreement. An NDA is a legally binding agreement. A violation can lead to legal penalties. Such agreements are also often required of new employees, if they may have access to sensitive information about the company. In such cases, the employee is the only party signing the agreement. That last « miscellaneous » item could cover details such as the state law or laws that apply to the agreement and which party country attorney fees in the case of a dispute. A non-disclosure agreement is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to any others. Templates for non-disclosure agreements and samples of standard agreements are available from a number of legal websites.
Increasingly, individuals are asked to sign the opposite of a non-disclosure agreement. For example, a doctor may require a patient to sign an agreement that the patient`s medical details may be shared with an insurer. In Germany, confidentiality agreements between the employer and the worker must be limited to direct business interests. In the United States, confidentiality agreements covering all company events are permitted. However, some companies have put an end to such regulations under pressure from the #MeToo movement.  If « agreement » were translated as « agreement » or « agreement, » it could also be called « NDA. » . It is not uncommon for start-ups and companies to deliberately waive a confidentiality agreement to signal to their partners that they trust them. An NDA is not necessarily tied to a duration and is therefore not valid. Some companies also require that new employees sign an NDA If the employee has access to sensitive information about the company.