Non Disclosure Confidentiality Contract With Nike In Washington

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

Description

The Non Disclosure Confidentiality Contract with Nike in Washington is a legal document designed to protect the confidential and proprietary information shared between Nike and a contractor during discussions about a potential business transaction. Key features of this agreement include definitions of 'Confidential and Proprietary Information,' obligations for both parties regarding confidentiality, and stipulations on the return or destruction of confidential materials upon request. The form outlines specific circumstances under which disclosure is permitted, such as legal proceedings, and emphasizes the significance of maintaining confidentiality. Users of this form should be aware of the process for filling and editing, ensuring clarity and compliance with legal standards. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in negotiations, as it provides a structured framework for safeguarding sensitive information. Its comprehensive clauses and clear guidelines help facilitate successful business discussions while minimizing the risk of information leaks.
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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

Only employees or independent contractors who earn more than the thresholds established by law can be held to non-competition agreements. If an employee or independent contractor has earnings less than the threshold specified under law, the non-compete agreements is considered void and unenforceable under RCW 49.62.

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.

Washington's Silenced No More Act limits all Washington employers' use of nondisclosure and nondisparagement provisions in employment agreements.

The law prohibits nondisclosure and nondisparagement provisions in agreements concerning conduct that occurred at the workplace, at work-related events coordinated by or through the employer, between employees, or between an employer and an employee, whether on or off the employment premises.

Washington Law Civil Penalties Against Employers In addition to allowing employees to speak if they reasonably believe the act was illegal, and making non-disclosure agreements for these activities unenforceable, the act also includes $10,000 in civil penalties for employers who violate the law.

2. NDAs are enforceable when they are signed — if they are properly drafted and executed.

Five other key features must be included in your NDA to ensure it's legally binding, including a description of confidential information, obligations of the parties involved, any exclusions, the term of the agreement and consequences of a breach.

Completing the Confidentiality Agreement The "Receiving Party" is the person or company who receives the confidential information and is obligated to keep it secret. You'll need to fill in information specific to your circumstances in the spaces provided, such as the parties' names and addresses.

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.

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.

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Non Disclosure Confidentiality Contract With Nike In Washington