Oklahoma Customer Confidentiality Agreement
Description
How to fill out Customer Confidentiality Agreement?
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FAQ
Also known as non-disclosure agreement or NDA. An agreement with the principal purpose of controlling the disclosure and use of specified information that is made available to a party for a particular purpose, or in the context of a particular transaction of relationship (such as an employment relationship).
Q: Do Oklahoma courts enforce non-disclosure agreements between businesses and individuals? A: Yes. A properly drafted non-disclosure agreement signed between employer and employee or a business and a contractor is enforceable. Q: What is the different between a non-compete agreement and a non-disclosure agreement?
NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information.
Whereas NDAs are often used in business and legal settings to protect trade secrets, client lists, and financial data, confidentiality agreements are typically devised in employment or personal situations to protect sensitive information.
The short answer is that if you are in Oklahoma it is not enforceable. With a couple of exceptions, Oklahoma law is clear that an individual is allowed to work in his or her chosen business or industry even if a piece of paper says otherwise.
In California today, NDAs still carry validity and soundness in court so long as they are executed precisely, legally, and firmly; however, there are some circumstances in which an NDA may not be upheld due to SB820 and the expansions formed in SB331 (discussed above).
These require employees to keep quiet about everything they do at work, even after they quit. While employers can prohibit the use of trade secrets, they cannot enforce non-compete agreements. They are void in California by law, even if they are by definition ?reasonable?.
If an NDA is breached by one party, the other party may seek court action to prevent any further disclosures and may sue the offending party for monetary damages.
