Nondisclosure agreement or Confidentiality agreement?

Non-disclosure agreements are also known as confidential agreements. The terms are used interchangeably but there is a slight distinction between the two agreements.

A non-disclosure agreement is usually drafted when the flow of sensitive information is one way and on the other hand, a confidential agreement is drafted when there are more than two parties and the sensitive information is generally exchanged among them especially in partnerships. 

Nondisclosure agreements are typically used for the following reasons:

  • To identify the sensitive information
  • To protect such sensitive information
  • Protecting patent rights

An organization or an entity at some point will have to share sensitive information which may be pivotal to the entire organization. In order to prevent such information from falling into the wrong hands and to protect it, the need for an NDA may arise in several circumstances, namely:

  • Technical mechanism of products
  • The hiring of new employees
  • Addition of new clients
  • Information among partners
  • Mergers and Acquisitions

Our diligent team of lawyers at best legal services are well-skilled and adept at drafting Non-disclosure and Confidentiality agreements. For more information on the same, please visit