NDCC Sample Clauses

The NDCC, or Non-Disclosure and Confidentiality Clause, is designed to protect sensitive information shared between parties during the course of a business relationship. It typically outlines what information is considered confidential, the obligations of the receiving party to maintain secrecy, and the duration of these obligations. For example, it may apply to trade secrets, business plans, or proprietary data exchanged during negotiations. The core function of this clause is to prevent unauthorized disclosure or misuse of confidential information, thereby safeguarding the interests and competitive advantage of the disclosing party.