Importing - NDA VS NNN Non Disclosure Confidentially Agreements Explained
Posted by Live Now Education G Support Team, Last modified by Live Now Education G Support Team on 23 July 2018 03:20 PM
A NDA (Non Disclosure Agreement) also known as a confidentiality agreement is a legal contract between two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by other third parties.  

The NDA would be suitable to use for employees either internally in your business, or outsourced staff such as web designers, packaging designers or sourcing service companies to prevent them from re-using your brand, logo, packaging or website design etc.

A NNN Agreement (Non Compete, Non Circumvention, Non Disclosure) would be more suitable to use when you want to protect your confidential information AND product design, for example if your products are manufactured to your own specifications and not 'off the shelf' standard products, to prevent the manufacturer from re-producing and selling your specific product.

We also recommend having your completed NNN agreement proof read by an IP Attorney & translated into your suppliers language for extra protection.

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