Non Disclosure Confidentiality Contract With Nike In Salt Lake

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

Description

The Non Disclosure Confidentiality Contract with Nike in Salt Lake is designed to protect confidential and proprietary information shared between Nike (referred to as Company) and the Contractor during discussions regarding potential business transactions. It outlines both parties' responsibilities to safeguard sensitive information from unauthorized disclosure and provides a clear definition of what constitutes 'Confidential and Proprietary Information.' Key features include stipulations on information access, confidentiality obligations, and provisions for the return or destruction of confidential materials upon request. The contract also ensures that any disclosures required by law are handled appropriately. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to understand the importance of confidentiality in business dealings. They will find it essential for drafting, reviewing, and negotiating confidentiality terms while also guiding their clients in adhering to legal and ethical standards in protecting sensitive trade information. Furthermore, it addresses remedies for breaches, emphasizing the potential for injunctive relief and indemnification, making it a critical tool in any business negotiation framework.
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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

A Confidential Disclosure Agreement (CDA), also referred to as non-disclosure agreement (NDA) or secrecy agreement, is a legal agreement between a minimum of two parties which outlines information the parties wish to share with one another for certain evaluation purposes, but wish to restrict from wider use and ...

In the USA, anyone can sue anyone (except the government who declared that you can't sue them unless they give you permission) for anything. So the answer is, Yes. An NDA is a contract so you could be sued under contract law ing to your question.

This Covenant Not to Compete and Non-Disclosure Agreement is executed upon initial employment or upon the EMPLOYEE's advancement with NIKE and is a condition of such employment or advancement.

NDAs are enforceable when they are signed — if they are properly drafted and executed. NDAs are enforceable once signed, provided they have been drafted and executed properly. Unilateral NDAs need only the signature of the receiving party, whereas mutual non-disclosure agreements need the signatures of both parties.

NDAs are enforceable and can be held up in court if they are clear, specific, and signed by the relevant parties. Non-disclosure agreements that don't meet these criteria may be challenged in court. NDAs that go against public interest and cover up criminal activity are not enforceable.

The key elements of Non-Disclosure Agreements: Identification of the parties. Definition of what is deemed to be confidential. The scope of the confidentiality obligation by the receiving party. The exclusions from confidential treatment. The term of the agreement.

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.

An employment contract is an excellent example of a unilateral NDA. When an employee is hired, they sign a unilateral NDA agreeing not to share information learned on the job.

Confidentiality and nondisclosure agreements typically: Describe the context for the parties' agreement, referencing any related transactional documents. Define the specific information to remain confidential. Outline the parameters for the parties' use of confidential information.

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Non Disclosure Confidentiality Contract With Nike In Salt Lake