The parties desire to enter into discussions and negotiations regarding the purchase of material described in the agreement. The parties agree that any information obtained in the discussions will remain confidential and proprietary. All the terms and conditions of the agreement will be binding upon the successors and assigns of the parties and will survive the execution of the agreement and the termination of the discussions and negotiations between the parties.
Non Disclosure Form For Employees In Phoenix
State:
Multi-State
City:
Phoenix
Control #:
US-00456
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
Yes, the law in Arizona allows for NDAs and non-compete agreements and will enforce them if they adhere to state law. These contracts must comply with the following requirements: They must specifically protect a legitimate business interest, such as intellectual property or trade secrets.
In Arizona, courts will only enforce NDAs if they are “reasonable,” meaning that overly restrictive NDAs may not protect an employer's confidential information if the matter goes to court.
Noncompete agreements in Arizona are perfectly legal and will be enforced when they meet certain conditions. Arizona courts will uphold reasonable noncompete agreements that don't restrict employees for too long or from too far away.
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.
Employee inclusive of his/her direct beneficiaries in business, interest and title in recognition of the transfer of Confidential and Proprietary Information to Company Name hereby agrees not to directly or indirectly compete with the business of Company name and its successors and assigns during the term of the ...
To create a Non-Disclosure Agreement, include the following information: The parties' names and contact information. The length of the non-disclosure period. The scope and definition of the confidential information. The obligations of the Non-Disclosure Agreement. The ownership and return information.
2. NDAs are enforceable when they are signed — if they are properly drafted and executed.
In general, Arizona law upholds confidentiality and non-disclosure agreements, as long as the documents are lawful, valid and do not go against public policy. It is important to have a Scottsdale breach of contract lawyer help you draft a confidentiality agreement to make sure that it is enforceable.