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Learn moreDavid Lipkin was among three co-authors of this bylined article on the use of and typical terms for a Non-Disclosure Agreement (NDA) to protect confidential and proprietary information shared among merger and acquisition deal parties. “Since an NDA—unlike a letter of intent or a term sheet—universally is a binding contract, the parties need to be alert for nonstandard provisions and traps for the unwary,” the authors wrote.