Protect your sensitive business information with confidentiality and non-disclosure agreements for employees, consultants and third parties.
A Confidentiality Agreement (also called a Nondisclosure Agreement or 'NDA') is a vital level of protection if you must reveal business data, records, trade secrets or other information to any other party for any reason. Your confidential information is a proprietary asset which may be impossible to place a value upon.
Some NDAs are mutual, depending upon the nature of the relationship between the parties. For instance, in the case of a strategic alliance, each of the parties will disclose confidential information and each party will be bound by the nondisclosure provisions of the agreement.
It is always advisable to have employees sign a confidentiality agreement at the time they begin their period of employment. Most employee confidentiality agreements also include non-solicitation and non-competition provisions, as a further level of protection for the employer.
This Confidentiality Agreement should be signed prior to any negotiations with a competitor about a possible joint venture or acquisition.
If you're discussing the possibility of partnering or being bought out by your competition, you will undoubtedly need to provide confidential business information for the competitor's due diligence review.
You need to protect that sensitive confidential and proprietary information. That's why it's essential to have the competitor sign this Agreement prior to releasing any such information.
The template also includes a no solicitation clause, under which the competitor agrees not to solicit either your customers or your employees.
The Confidentiality Agreement for Competitors is a generic legal form template which can be used anywhere.
Protect your company's sensitive business information from disclosure by outside consultants with this easy downloadable Confidentiality Agreement.
Any outside consultant you retain to do work for your firm should sign the Confidentiality Agreement before they are allowed access to your premises, business records, proprietary processes, trade secrets and other confidential information.
The consultant agrees to keep all such information confidential and not to disclose, use, copy or transfer any such information or materials without permission from the company.
The consultant may not use or make mention of any of the trade marks or other business marks of the company for any purpose other than the performance of its duties.
The company is entitled to injunctive relief in the event of a breach or threatened breach by the consultant.
Consultants who breach the terms of a Confidentiality Agreement open themselves up to being sued. That's a powerful deterrent. Don't take chances with your proprietary data. Download the form today.