What is an NDA (Non-Disclosure Agreement)?

An NDA (Non-Disclosure Agreement) is a legally binding contract that establishes confidentiality between parties. It protects sensitive business information, trade secrets, and proprietary data from being shared with unauthorized third parties.

Are digital signatures on NDAs legally binding?

Yes. Digital signatures are legally binding in the United States under the ESIGN Act (15 U.S.C. § 7001 et seq.) and the Uniform Electronic Transactions Act (UETA). Vindato complies with both laws, making all electronically signed NDAs enforceable in court.

How much does it cost to create an NDA with Vindato?

Vindato charges a one-time fee of $29 USD per NDA. There are no subscriptions, hidden fees, or recurring charges. This includes NDA creation, digital signatures for both parties, PDF generation, and public verification.

How long does it take to create an NDA?

You can create a complete, legally-binding NDA in under 2 minutes. Simply fill out the form with both parties' details, pay $29, sign digitally, and send the signing link to the counterparty.

Can I verify an NDA created with Vindato?

Yes. Every NDA created with Vindato receives a unique verification code (e.g., NDA-XXXXXXXX). Anyone can verify the authenticity and status of an NDA at https://vindato.com/verify by entering this code.

What happens after both parties sign the NDA?

Once both parties sign, Vindato generates a professional 5-page PDF document with all 21 legal sections, both signatures, and a certificate of electronic signature. The PDF is emailed to both parties and stored securely for 90 days.

Do I need a lawyer to use Vindato?

No. Vindato provides professionally drafted NDA templates that cover all essential legal protections including confidentiality obligations, indemnification, remedies, and governing law. However, for complex or high-stakes situations, we recommend consulting with a licensed attorney.

What industries does Vindato support?

Vindato supports NDAs for all industries including startups, tech companies, software development, consulting, healthcare, real estate, e-commerce, film and media, marketing agencies, nonprofits, small businesses, and corporations.

GuideDecember 10, 20248 min read

What is an NDA? Complete Guide to Non-Disclosure Agreements

Learn everything you need to know about Non-Disclosure Agreements (NDAs), including when to use them, key components, and how they protect your business.

Antonia Bouffanais

Legal Content Specialist

What is an NDA? Complete Guide to Non-Disclosure Agreements

What is a Non-Disclosure Agreement (NDA)?

A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement, is a legally binding contract that establishes a confidential relationship between parties.

Why Are NDAs Important?

NDAs serve several critical functions in business:

1. Protecting Intellectual Property

Your ideas, inventions, and creative works are valuable assets.

2. Maintaining Competitive Advantage

Trade secrets and business strategies give you an edge over competitors.

3. Building Trust in Business Relationships

When both parties sign an NDA, it creates a foundation of trust.

4. Legal Recourse

If someone violates an NDA, you have legal grounds to seek damages.

Key Components of an NDA

Definition of Confidential Information
Obligations of the Receiving Party
Duration of the Agreement
Exclusions from Confidentiality
Consequences of Breach

Types of NDAs

Unilateral NDA: One party shares confidential information
Bilateral NDA: Both parties share confidential information
Multilateral NDA: Three or more parties share information

Ready to create your own NDA? Get started with founderNDA.

Keywords:

NDAnon-disclosure agreementconfidentiality