Non Disclosure Agreement Sample For It Company In Washington

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

Description

The Non Disclosure Agreement sample for IT company in Washington is a legal document that ensures confidentiality between parties when evaluating potential transactions. It allows the Contractor to access sensitive information from the Company, labeling such information as 'Evaluation Material,' which must be kept confidential and used solely for the evaluated transaction. Key features include stipulations for disclosing information to Contractor's personnel who need it for evaluation, and clarifications on disclosures required by law. Additionally, it includes provisions for the return or destruction of Evaluation Material if the transaction does not proceed or is requested by the Company. The form is designed to protect the Company from unauthorized disclosures, specifying rights to seek injunctions against breaches. The Agreement is valid for 12 months and governed by Washington state law. Attorneys, partners, owners, associates, paralegals, and legal assistants should utilize this template to ensure proper handling of confidential information, while effectively outlining obligations and expectations in business dealings.
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FAQ

If both parties under the NDA were signing as sole proprietors, you have to ensure that both your full names are stated clearly. If you wanted to ensure that there would be no doubt about who the parties were, then you could add identification information such as addresses or social security numbers.

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.

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

At the top, there are three types, unilateral, bilateral, and multilateral NDAs. The rest of the specific NDA types fall under these three categories. Most are based on who has to sign the NDA. Not all NDAs are created equally, and they can only demand so much secrecy from strangers when compared to their employees.

Indeed, the potential client may well get you to sign an NDA yourself, to protect any business secrets they indulge during your pitch. So by presenting them with an NDA of your own, and making a strong case for them to sign it, you're actually conveying your seriousness and raising your authority overall.

Both parties must enter into the NDA voluntarily and with a clear understanding of its terms. If there was coercion or deception involved, the agreement may not be valid.

A 3-Way Non-Disclosure Agreement (NDA), also known as a Tripartite Non-Disclosure Agreement, is a legal contract that involves three parties. This agreement is designed to protect confidential and sensitive information that is shared among these parties.

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.

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Non Disclosure Agreement Sample For It Company In Washington