Definition of NDA on The Grid Glossary

Definition

A non-disclosure agreement (NDA) is a legal contract that prohibits the recipient from sharing confidential information they receive from the disclosing party. NDAs protect businesses by restricting employees from disclosing trade secrets or proprietary information.

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What are the three primary business valuation approaches and how do they differ?What are the motivations of third party buyers?What are the different types of employee ownership?Will my employees need to sign a special or additional NDA in an employee ownership sale?Why is a strategic buyer "the riskiest and most unlikely path"?

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