A settlement agreement is a legally binding confidential agreement between an employer and an employee. A transaction agreement usually comes with compensation. The types of signatures described above are described in more detail in the European Union`s Electronic IDentification, Authentication and Trust Services (eIDAS) Regulation. eIDAS is a comprehensive regulation that deals with electronic identification and trust services for electronic transactions in the European internal market. In the United States, the ESIGN Act regulates electronic signatures at the federal level. Need to sign? No, you don`t. But in many cases, the Law Society has designed a system that, if you don`t, is interpreted as a disgrace, so they can invoke their power of attorney to declare you delinquent or incompetent, while sending you to jail. Information usually protected by NSDAs includes, for example, customer and customer information, new product designs and schematics, trade secrets, sales and marketing plans, and new inventions. Whether you`re asked to sign an NDA or ask someone else, a confidentiality agreement means your secrets remain in hiding and if information filters, it can have serious legal implications. . . .