The employee may be receiving from the employer information of a non-public nature for use by the employee in connection with his or her employment. The employee receiving any information will keep such information confidential and agrees not to disclose such information, in whole or in part, to any person without the express consent of the employer, either during or after the employment of the employee has ended. In addition to its obligation of nondisclosure, the employee agrees that he or she will not, directly or indirectly, attempt to appropriate or otherwise take for its or other parties' benefit the business opportunity of employer or information learned either during or after the employment of employee is ended.
Kentucky Employee Nondisclosure Agreement
State:
Multi-State
Control #:
US-00502
Format:
Word;
Rich Text
Instant download
Description
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FAQ
If either party leaks information, whether accidentally or by their own volition, they will be held responsible and the second party will be able to use the NDA in the court of law to seek compensation for any damages which occurred due to the misappropriation of the information.
You are under no legal requirement to sign a nondisclosure agreement if one is put in front of you, but a company might not be willing to hire you if you do not sign it.
Without an NDA in place, it is more likely that your confidential information will be disclosed without your permission and you could lose the chance to patent your invention or maintain information as your own trade secret.
Yes you can, but the NDA will stay in effect for the period stated in the agreement, You are bound by it because of your signature.
It is your right to decline If you are not comfortable or do not fully understand the NDA, it is always your right to decline.
An employee confidentiality agreement, or non-disclosure agreement or an ?NDA,? makes it crystal clear to an employee that he or she cannot under any circumstance, with the exception of prior written approval, disclose company secrets.
To enforce a non-disclosure agreement, the employer seeking enforcement must demonstrate that the information at issue qualifies as trade secret or confidential information. The NDA should specify the exchange and type of confidential information that cannot be disclosed.
No, you are not obligated to sign a non-disclosure agreement presented to you by your employer. However, your employer can terminate your employment if you don't sign the NDA.
