If your gut tells you that having a non disclosure agreement is important for your business, consult with your attorney or ask the professionals at Rocket Lawyer about it. Once you get the NDA sorted out, you will sleep better at night knowing your business is safe. Use of non-disclosure agreements are on the rise in India and is governed by the Indian Contract Act 1872. Use of an NDA is crucial in many circumstances, such as to tie in employees who are developing patentable technology if the employer intends to apply for a patent. Non-disclosure agreements have become very important in light of India's burgeoning outsourcing industry. In India, an NDA must be stamped to be a valid enforceable document. The Parties covenant and agree that they are aware of the equitable distribution laws of Alabama and it is their intention that the equitable distribution laws will not apply to the status, ownership, interest, and division of their property, either jointly or separately owned, nor to their future property, whether real or personal, and owned by either one or both of them, and the Parties further covenant and agree that it is their desire and intent by the terms of this Agreement to contract out of the equitable distribution laws of Alabama and to make a full and final settlement of all matters of property, both real and personal, previously and presently owned by either of the Parties or to be acquired by either of the Parties in the future. The mutual non-disclosure agreement can be terminated anytime as long as it is stated in the contract. There are various reasons to it, with each one bearing the same weight as the other. This agreement constitutes the final agreement of the parties. It is the complete and exclusive expression of the parties' agreement with respect to the subject matter of this agreement.