Massachusetts Confidentiality and Nondisclosure Agreement

State:
Multi-State
Control #:
US-OG-959
Format:
Word; 
Rich Text
Instant download

Description

This form is a confidentiality and nondisclosure agreement.
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FAQ

disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to others. An NDA may also be referred to as a confidentiality agreement.

A non disclosure agreement is a civil contract. Civil contracts are enforced in civil court. No court in the US will enforce a civil contract over illegal behavior. Such a contract is not legal, and cannot be enforced.

Pursuing a Lawsuit After Filing an NDA Just as an NDA cannot prevent an employee from reporting illegal activity, they generally cannot prevent an employee from pursuing legal claims for unlawful behavior.

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.

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.

In general, NDAs are used when there is a unilateral flow of classified data, while confidentiality agreements are designed to be used when two or more parties share proprietary information.

Since NDAs are civil contracts, breaking one isn't technically a crime. However, it could come with severe financial penalties. Violating an NDA leaves you open to lawsuits from your employer, and you could be required to pay financial damages and possibly associated legal costs.

Massachusetts Law on Non-Disclosure Agreements: If you violate the provisions of a legally valid non-disclosure clause, your employer may sue to enjoin your activities and prevent you from continuing to engage in wrongdoing.

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Massachusetts Confidentiality and Nondisclosure Agreement