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What Kind of Confidential
Information can I Protect with an
             NDA?


                           Shantanu
                           4th Yr.
                           NLU, Odisha
Non-disclosure Agreement (NDA)
• Non-disclosure Agreement is an agreement
  between two or more parties in which the
  parties share some information amongst each
  other and agree to maintain the
  confidentiality of the information.
• It is also known as Confidentiality Agreement,
  Confidentiality Non-disclosure Agreement,
  Proprietary Information Exchange Agreement.
Types of NDAs (contd…)
• Two types of NDAs:
  (i) unilateral
  (ii) mutual
• Unilateral NDA - only one party discloses
  confidential information to the other party
  and then the other party promises to keep
  that information secret.
Types of NDAs (contd…)
• Mutual NDA - both parties share confidential
  information with each other and vouch for the
  nondisclosure of such information to any
  other party.
Confidential Information (contd…)
• The information must be confidential to be
  protected under an NDA.
• The information is not confidential if:
•    (i) was lawfully possessed by the receiver
  before the agreement was entered into;
    (ii) has been rightfully received from some
  third party;
Confidential Information
 (iii) is generally known by the public;
 (iv) is required to be disclosed by law; and
 (v) is or has been independently developed
by the receiving party.
Commercial Information
• The information which is sought to be
  protected under an NDA must be of some
  financial value to the party possessing it.
• The original party discloses the information
  for the fact that without any such disclosure
  the contract could not be effectively executed.
Thank You

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What kind of confidential information can i protect with an nda

  • 1. What Kind of Confidential Information can I Protect with an NDA? Shantanu 4th Yr. NLU, Odisha
  • 2. Non-disclosure Agreement (NDA) • Non-disclosure Agreement is an agreement between two or more parties in which the parties share some information amongst each other and agree to maintain the confidentiality of the information. • It is also known as Confidentiality Agreement, Confidentiality Non-disclosure Agreement, Proprietary Information Exchange Agreement.
  • 3. Types of NDAs (contd…) • Two types of NDAs: (i) unilateral (ii) mutual • Unilateral NDA - only one party discloses confidential information to the other party and then the other party promises to keep that information secret.
  • 4. Types of NDAs (contd…) • Mutual NDA - both parties share confidential information with each other and vouch for the nondisclosure of such information to any other party.
  • 5. Confidential Information (contd…) • The information must be confidential to be protected under an NDA. • The information is not confidential if: • (i) was lawfully possessed by the receiver before the agreement was entered into; (ii) has been rightfully received from some third party;
  • 6. Confidential Information (iii) is generally known by the public; (iv) is required to be disclosed by law; and (v) is or has been independently developed by the receiving party.
  • 7. Commercial Information • The information which is sought to be protected under an NDA must be of some financial value to the party possessing it. • The original party discloses the information for the fact that without any such disclosure the contract could not be effectively executed.