What is NDA
Posted: Wed Jan 29, 2025 10:13 am
NDA (non disclosure agreement) is an abbreviation from English that means non-disclosure agreement. This document allows establishing the procedure for working with confidential information for its owners.
Often, the agreement is signed by an employee who has received information about the company's work, concerning finances or contractors. If the NDA rules are violated, a fine or compensation for damages caused to the company due to the disclosure of internal company data is due.
What is NDA
Source: shutterstock.com
Protection of information in the Russian physical therapist email list legal field is ensured by the Federal Laws: "On Commercial Secrets", "On Personal Data", "On State Secrets". Patients' rights to confidentiality are specified in the article "Observance of Medical Confidentiality" of the Law "On the Fundamentals of Health Protection of Citizens in the Russian Federation". The right to a production secret is specified in the Civil Code.
What is NDA in Russian legislation? There is no such definition. It is an agreement that can be specified in an employment contract, and accordingly, it is of a civil law nature.
Most often, company owners are concerned about information security in order to secure large transactions and not to disseminate information about their partners and clients.
In the West, almost all companies require employees to sign an NDA. In our country, such a process is not yet widespread, but examples of such documents are encountered in practice.
What does an NDA agreement provide in business:
If there is no desire to disclose the financial side of the contract.
For example, a company director does not want other companies to know the salary level of his employees. In such cases, an NDA is offered to be signed when concluding an employment contract.
The agreement is also used if it is necessary to keep the transaction amount for the purchase of a service or product secret. This is beneficial for the manufacturer or intermediary to work with counterparties and partners, offering their price. For example, sometimes one company pays one hundred thousand rubles for a service, and another one pays one hundred and fifty thousand for the same.
If the client who paid more finds out about this, he can demand a price change. The company has the right not to disclose information about its pricing policy, that is why there is an NDA, the agreement will force both clients to keep silent about the cost of the service.
If there is a need not to disclose information that is undesirable for disclosure.
For example, a company may ask a lawyer or consultant to sign an NDA to prevent others from gaining access to "secret" data. Sometimes internal audits and inspections are conducted with outsiders who receive information about violations in the company. To prevent leaks from occurring and affecting the company's reputation, the company spells out the terms in an agreement.
In case of disclosure of data, the persons involved face large fines and other consequences. Also, the agreements cover information about the company's reorganization, upcoming layoffs, new managers or shareholders.
If you need to protect data related to intellectual property rights.
In addition to the relevant law, a company or an individual can protect copyright. For example, you need to show a prototype of an invention, but a patent has not yet been received. Sometimes some information is unique, but does not fall under copyright law. In such cases, a non-disclosure agreement is concluded. For example, if negotiations are underway to create a film, but the script has not yet been completed.
Sometimes the agreement is included in labor law documents. In order to avoid leaks from within the company, the employer can thus oblige the employee not to disclose commercial secrets.
Often, the agreement is signed by an employee who has received information about the company's work, concerning finances or contractors. If the NDA rules are violated, a fine or compensation for damages caused to the company due to the disclosure of internal company data is due.
What is NDA
Source: shutterstock.com
Protection of information in the Russian physical therapist email list legal field is ensured by the Federal Laws: "On Commercial Secrets", "On Personal Data", "On State Secrets". Patients' rights to confidentiality are specified in the article "Observance of Medical Confidentiality" of the Law "On the Fundamentals of Health Protection of Citizens in the Russian Federation". The right to a production secret is specified in the Civil Code.
What is NDA in Russian legislation? There is no such definition. It is an agreement that can be specified in an employment contract, and accordingly, it is of a civil law nature.
Most often, company owners are concerned about information security in order to secure large transactions and not to disseminate information about their partners and clients.
In the West, almost all companies require employees to sign an NDA. In our country, such a process is not yet widespread, but examples of such documents are encountered in practice.
What does an NDA agreement provide in business:
If there is no desire to disclose the financial side of the contract.
For example, a company director does not want other companies to know the salary level of his employees. In such cases, an NDA is offered to be signed when concluding an employment contract.
The agreement is also used if it is necessary to keep the transaction amount for the purchase of a service or product secret. This is beneficial for the manufacturer or intermediary to work with counterparties and partners, offering their price. For example, sometimes one company pays one hundred thousand rubles for a service, and another one pays one hundred and fifty thousand for the same.
If the client who paid more finds out about this, he can demand a price change. The company has the right not to disclose information about its pricing policy, that is why there is an NDA, the agreement will force both clients to keep silent about the cost of the service.
If there is a need not to disclose information that is undesirable for disclosure.
For example, a company may ask a lawyer or consultant to sign an NDA to prevent others from gaining access to "secret" data. Sometimes internal audits and inspections are conducted with outsiders who receive information about violations in the company. To prevent leaks from occurring and affecting the company's reputation, the company spells out the terms in an agreement.
In case of disclosure of data, the persons involved face large fines and other consequences. Also, the agreements cover information about the company's reorganization, upcoming layoffs, new managers or shareholders.
If you need to protect data related to intellectual property rights.
In addition to the relevant law, a company or an individual can protect copyright. For example, you need to show a prototype of an invention, but a patent has not yet been received. Sometimes some information is unique, but does not fall under copyright law. In such cases, a non-disclosure agreement is concluded. For example, if negotiations are underway to create a film, but the script has not yet been completed.
Sometimes the agreement is included in labor law documents. In order to avoid leaks from within the company, the employer can thus oblige the employee not to disclose commercial secrets.