Settlement Non Disclosure Agreement
A bilateral NDA (sometimes called a mutual NDA or bipartite NDA) consists of two parties for which both parties expect them to disclose information to each other that will be protected from further disclosure. This type of NDA is common when companies are considering some kind of joint venture or merger. If confidentiality is a central concern for you as an employer, you can take into account in the composition agreement: Mr Steels had brought a number of appeals before the Labour Court against his former employer, Duchy Farm Kennels Limited (“Duchy”). The parties have entered into a transaction recorded under a COT3 agreement (the “Agreement”). Under the terms of the agreement, the Duchy agreed to pay Mr Steels £15,500 in 47 weekly instalments. . . .
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