non disclosure agreement (nda)

What are the Key Elements of an NDA?

An effective NDA in catalysis should include the following key elements:
Definition of Confidential Information: Clearly specify what constitutes confidential information.
Obligations of Receiving Party: Outline the duties and responsibilities of the party receiving the information.
Exclusions: Mention any information that is not covered under the NDA, such as information already public.
Term of Agreement: Define the duration for which the NDA will be in effect.
Consequences of Breach: State the legal repercussions in case of a breach of the agreement.

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