You are reading this message because your browser either does not support JavaScript or has it disabled. Please enable JavaScript and Cookies in order to use this site.
If your browser is not JavaScript capable, you can obtain either Firefox or Microsoft Internet Explorer. Under Linux, any browser using the latest Mozilla engine should work.
NON-DISCLOSURE AGREEMENT
THIS NON-DISCLOSURE AGREEMENT (the "Agreement") dated this ________ day of ________________, ________
BETWEEN:
____________________ of ________________________________________________________________________________(the "Employer")
OF THE FIRST PART
- AND -
____________________ of ________________________________________________________________________________(the "Employee")
OF THE SECOND PART
BACKGROUND:
IN CONSIDERATION OF and as a condition of the Employer employing the Employee and the Employer providing the Confidential Information to the Employee in addition to other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, the parties to this Agreement agree as follows:
IN WITNESS WHEREOF ____________________ and ____________________ have duly affixed their signatures under hand and seal on this ________ day of ________________, ________.
_______________________________WITNESS: ______________________
_____________________________________________________(Employer)
_____________________________________________________(Employee)
A Non-Disclosure Agreement is also known as a/an:
A Non-Disclosure Agreement, or NDA, is a contract that protects someone's private and proprietary information from being shared with anyone who should not have access it. Often, this is the case when one party is divulging trade secrets or private business practices to another party, and the divulging party doesn't want those secrets or practices to be shared with the public or anyone outside of the contracted relationship.
An NDA protects the party who is sharing information (such as an inventor or employer) and prohibits the other party (like a buyer or employee) from revealing the information to anyone else.
Confidential information means, in the business context, all non-public information relating to the company's affairs and business.
An NDA can be used for a variety of confidential information, such as:
Confidential Information is also generated as a result of privileged consultations with professionals such as lawyers and doctors and such data is subject to data protection laws.
There are three main types of NDAs:
Mutual Non-Disclosure Agreements can be used in any of these circumstances. Mutual NDAs protect both parties so that neither party can disclose the other's sensitive information to anyone outside of the contract.
NDAs can be ended on any date within reason depending on the specifications of the contract. Generally, if and when the information becomes public (by means other than a breach of the confidentiality agreement) the information loses its confidentiality, so the information in the NDA will no longer be privileged.
The parties receiving confidential information are usually required to keep track of all the information they have been entrusted with, and the information remains proprietary to the disclosing party who can demand the return of the information at any time. In such a case, the receiver will have to return all the information, destroy any copies (including notes and memoranda pertaining to the information), and will have to provide certification that the materials have been destroyed.
NDAs are useful when entering into any of the following relationships:
Note: Your initial answers are saved automatically when you preview your document.This screen can be used to save additional copies of your answers.