PandaTip: This section of the NDA proposal gives you the right to claim damages in the event of a breach of this agreement. These are just a few examples of the types of information you want to keep confidential under the protection of your NDA. Your agreement may list as much or little confidential information as necessary, but you must say exactly what information the receiving party cannot disclose. All information that cannot be returned must be destroyed immediately after termination or conclusion of this Confidentiality Agreement. A confidentiality agreement or NDA is a legally binding contract between two or more companies that restricts the exchange of certain information with third parties. An NDA is usually, but not always, a written document.