Non-disclosure Agreement Example In Los Angeles

State:
Multi-State
County:
Los Angeles
Control #:
US-00456
Format:
Word; 
Rich Text
Instant download

Description

The Non-disclosure Agreement example in Los Angeles is designed to protect confidential and proprietary information shared between a company and a contractor during discussions about a potential purchase. Key features of the form include clear definitions of 'Confidential and Proprietary Information,' obligations for both parties to maintain confidentiality, and specific scenarios in which disclosure is permitted. The agreement sets forth the procedures for handling confidential information, including requirements for returning or destroying such information upon request. Additionally, it outlines the legal remedies available, such as injunctive relief, in the event of a breach. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to ensure the protection of sensitive information during negotiations. It offers a structured approach to confidentiality that can mitigate legal risks and foster trust between involved parties. The document can be easily customized to reflect specific transactions and parties, enhancing its applicability across various business contexts.
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  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase

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FAQ

An NDA that prevents an employee from working in their profession or field of trade may be considered a non-compete agreement. In California, non-compete agreements are more rarely enforceable. NDAs can also not be used to prevent the reporting of illegal activity or to silence whistleblowers.

You don't need a lawyer to create the agreement, but you may need someone with legal expertise to review it.

You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.

Typically, a legal professional writing the NDA will complete these steps: Step 1 - Describe the scope. Which information is considered confidential? ... Step 2 - Detail party obligations. Step 3 - Note potential exclusions. Step 4 - Set the term. Step 5 - Spell out consequences.

If you need an NDA, looking at templates online isn't a bad place to start, but ideally you should work with a lawyer who can write a simple NDA for you or tweak the one you have. You may be able to find someone in your community who can do it for a few hundred bucks.

I hereby undertake to treat as confidential all and any information that I receive while participating in the work of evaluating project proposals, to use this information solely for the purpose of evaluation of the proposals, not to disclose it to any third party and not to make it publicly available or accessible ...

An NDA does not necessarily need to be notarized to be valid. The key elements for its validity are mutual agreement, clearly defined terms, and exchange of consideration (which can be the mutual exchange of information).

California courts may refuse to enforce non-disclosure agreements that are overly broad or vague in their terms. NDAs should have a clear description of the purpose, parties, and duration they cover.

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Non-disclosure Agreement Example In Los Angeles