What is an NDA?

A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement, is a legally binding contract that establishes a confidential relationship between two or more parties. The purpose of an NDA is to protect sensitive and proprietary information that is shared between parties, ensuring that such information remains confidential and is not disclosed to unauthorized third parties.

In the context of business discussions, especially concerning trade secrets, financial data, or unique operational processes, an NDA provides a crucial layer of security and trust.

Why We May Request an NDA

Coal Indonesia is committed to transparent yet secure business practices. For detailed discussions that involve sensitive commercial information, specific operational details, or proprietary sourcing strategies, we may request that a Non-Disclosure Agreement be signed. This is to:

• Protect Proprietary Information: Safeguard our business models, pricing strategies, and supplier details.
• Protect Your Information: Ensure that any confidential information you share with us is also protected.
• Foster Trust: Build a foundation of mutual trust and security for in-depth business negotiations.
• Ensure Compliance: Adhere to internal policies regarding the handling of sensitive commercial data.

Scope of the NDA

Our standard NDA typically covers:

• Definition of confidential information.
• Obligations of the receiving party regarding use and non-disclosure.
• Exclusions (information already public, independently developed, etc.).
• Duration of the confidentiality obligation.
• Remedies for breach of contract.

We aim for a fair and balanced NDA that protects both parties' interests, allowing for open and productive discussions about potential collaborations.

How to Proceed with an NDA

If your inquiry requires sharing sensitive details, please indicate your willingness to sign an NDA in your "Request a Quote" form, or inform our team directly. We will then provide you with our standard NDA template for your review and execution.