Non-disclosure Agreement Example In Georgia

State:
Multi-State
Control #:
US-00457
Format:
Word; 
Rich Text
Instant download

Description

The Non-disclosure Agreement example in Georgia serves to protect proprietary information shared between a Contractor and a Company during preliminary discussions about a potential business transaction. Key features include obligations to keep disclosed information confidential, conditions under which information may be shared with personnel or required by law, and the provision for seeking injunctive relief in case of breaches. Users must ensure they fill in the specific details such as names and governing law, and should understand the importance of retaining a copy of the form for their records. This Agreement remains valid for a period of 12 months. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a clear framework for handling sensitive information in a business context. Overall, this form ensures that all parties involved clearly understand their responsibilities and the legal implications of sharing confidential information.
Free preview
  • Preview Confidentiality and Nondisclosure Agreement - Evaluation Materials
  • Preview Confidentiality and Nondisclosure Agreement - Evaluation Materials

Form popularity

FAQ

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.

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.

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.

Besides naming all parties to the NDA, five essential elements every NDA should include are: Description Of The Confidential Information. Requirements And Obligations Of The Parties. Exclusions To The Confidentiality Agreement. Term Of The Non-Disclosure Agreement. Consequences Of Breach Of The NDA.

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.

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.

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 ...

I agree that: a) I shall not share this information, material or documents (information) with persons within or outside of the ________ who are not authorized to have this information. b) I shall not publish such information. c) I shall not communicate such information without authority.

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 ...

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.

Trusted and secure by over 3 million people of the world’s leading companies

Non-disclosure Agreement Example In Georgia