|English to Russian translations [PRO]|
Law/Patents / oil trade
|English term or phrase: NCND (Non-Circumvent Non-Disclosure Document)|
|from Proposed Correspondence relationship|
will highly appreciate any links!!
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Local time: 02:32
|Thanks to both of you, Vladimi and Ttagir - I had no doubts on NDA, felt like seeing if there is something else, extra:)|
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соглашение о необходе положений и неразглашении
non-circumvention = спец. необход (положений соглашения)
Non-circumvention and non-disclosure agreements--Many Prime Bank Note or Guarantee investment promotions include in their agreements provisions whereby both parties agree not to disclose the details of the transaction, supposedly because they are "super secret." Similarly, the investor agrees not to circumvent the purpose of the agreement by attempting to deal directly with a prime bank note issuer, etc. Both provisions are intended to create an aura of exclusivity--a kind of forbidden fruit that will whet the appetite of the investor.
Such agreements are not common in legitimate commercial contracts. Further, they provide the promoter with some justification for canceling the deal and retaining any funds already paid by the investor-victim.
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