An Oregon non-disclosure agreement structures a relationship of confidentiality between two (2) parties whereby sensitive information must be kept secret. The relationship can be a mutual arrangement where both parties share information that the other must not disclose. It can alternatively be a one-way (“unilateral”) agreement in which just one (1) of the parties must maintain confidentiality.
An NDA is very often a component of a well-constructed employment contract. It requires employees to acknowledge that they’re gaining access to private information, that they cannot discuss the information with anyone else, and that they will be liable for failing to maintain secrecy.