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drafted NonDisclosure Agreement should include the following specific information: The scope and definition of the confidential information. The permitted use of the confidential information. The obligations of the NonDisclosure Agreement. The parties' names and addresses. The duration of nondisclosure.
Purpose: The purpose of the Employee NDA is to prevent employees from compromising confidential information of the Company for meeting their personal gains. Therefore, NDA is also known as a ?Confidentiality 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.
Employee agrees that he/she will never use any Confidential Information for his/her own benefit or for the benefit of any person or entity other than the Company, and will not permit or allow any Confidential Information to be used in competition with the Company.