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.
Non Disclosure Confidentiality Agreement For Employees In Maricopa
State:
Multi-State
County:
Maricopa
Control #:
US-00457
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
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 ...
2. NDAs are enforceable when they are signed — if they are properly drafted and executed.
I will not, during or after the term of my employment, disclose such information or any part thereof to any person, firm, corporation, association, or other entity for any reason or purpose whatsoever.
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 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.
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.
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.
