For example, if you use it in an employment contract, you would remove the reference to employees. If you use it in a partnership agreement, you remove the reference to partners, etc. Generally, the parties agree on the date on which the term of the agreement expires (known as the “termination clause”). For example, the confidentiality agreement could end if: A confidentiality agreement (NDA) or “confidentiality agreement” requires each related party to keep all confidential information for itself. Information shared in common is trade secrets that an individual or company does not wish to disclose to its competitors or the general public. When a related party discloses confidential information to be kept secret, it may be held liable for significant financial damages. 1.