Confidentiality Agreement Definition
A confidentiality agreement is a legally binding agreement between a prospective or current employee or client and a business to maintain secrecy about the company.
Confidentiality Agreement Extended Definition:
An employee confidentiality agreement is a formal agreement (generally written and signed) that restricts the sharing of information. It may also be called a non-disclosure agreement (NDA).
The information protected under the agreement must be spelled out in the contract at the time it was signed.
Often, this will include confidential information about the company’s workings, salary information, infrastructure, and management within the company, but may contain anything from a secret formula to pending patents.
Last Updated By
Rachel Blakely-Gray | Feb 15, 2023