What is the purpose of a confidentiality agreement?

A confidentiality agreement, also known as a non-disclosure agreement, is a contract between two parties in which one, usually the discloser, shares sensitive information or knowledge with the other, usually the receiver. The purpose of a confidentiality agreement is to ensure that this information is not shared with any other parties or used for any other purpose than the purpose specified in the agreement. In North Carolina, a confidentiality agreement is generally used in cases of whistleblowing, to protect the whistleblower from liable for any private or confidential information that he or she has chosen to share. The agreement may also specify that the whistleblower is not allowed to share any information that could be damaging to their former employer or any other party that is related to the whistleblowing case. In essence, the confidentiality agreement is a contract that helps to protect the rights of both the discloser and the receiver, and gives the former the assurance that any information he or she has shared will not be misused or revealed to anyone else. Doing this helps to ensure the privacy and safety of both parties involved in the case.

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What is the purpose of a confidentiality agreement?

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