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An **NDA (Non-Disclosure Agreement)** is a legal contract where one or both parties agree to keep certain information confidential. **Types:** - **Unilateral** — one party shares confidential info; only the recipient is bound - **Mutual/Bilateral** — both parties share info; both are bound **When you'll encounter them:** - Job interviews (especially at startups, discussing product ideas) - Freelance/contractor work - Business partnerships or M&A discussions - Investor pitches **Key terms to check before signing:** 1. **Scope** — what exactly is "confidential"? Overly broad definitions can be problematic 2. **Duration** — how long does confidentiality last? 1–5 years is typical; "perpetual" is unusual 3. **Exclusions** — info already public, independently developed, or received from third parties is usually excluded 4. **Jurisdiction** — which state/country's laws apply? 5. **Remedies** — what happens if you breach? **When to be cautious:** NDAs that try to prevent you from discussing your own skills, or that are perpetual with no exceptions, are red flags. *Note: Always consult a lawyer before signing legal agreements.*
Read answerAn **NDA (Non-Disclosure Agreement)** is a legal contract where one or both parties agree to keep certain information confidential. **Types:** - **Unilateral** — one party shares ...