A company and a contractor are negotiating a possible transaction. The contractor has requested information concerning the business of the company. As a condition of the contractor being furnished with the requested information, the contractor agrees to treat such information as being confidential and the information will be used solely for the purpose of evaluating the tentative transaction between the parties.
Confidential Disclosure Agreement With In Fulton
State:
Multi-State
County:
Fulton
Control #:
US-00457
Format:
Word;
Rich Text
Instant download
Description
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FAQ
The duration of Non-Disclosure Agreements (NDAs) typically ranges from one to five years, depending on the specific needs and circumstances of the agreement.
NDAs with employees are generally legal in Georgia. However, there are certain limits that employers need to be aware of and several best practices that will make the agreement more immune from challenge in court.
2. NDAs are enforceable when they are signed — if they are properly drafted and executed.
A confidentiality agreement should include the names and addresses of the parties to the contract. Consider also including: Reason for the agreement: Explain why you're sharing this information. The information disclosed: Be specific about the subject matter and what exactly is included in the agreement.
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.
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.
How are NDAs enforced internationally? NDAs can be enforced internationally depending on the jurisdiction and the laws that will apply to the NDA.
Q: Are non-compete agreements enforceable in Georgia even if signed after employment commences and/or without any additional consideration? A: Yes, continued employment is generally considered sufficient consideration for a non-compete in Georgia.
To enforce an NDA, you typically have to file legal action against the person for breach of contract if you believe they disclosed information they shouldn't have. Employers can also ensure that breaching an NDA is a fireable offense in their employment contracts and handbooks.