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Termination clause- If the NDA is a mutual agreement and both parties having made disclosures that require confidentiality, both parties will most likely be bound by any confidentiality obligations for some time after the NDA is terminated, depending on the conditions of the NDA.
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.
What is an Employee Non-Disclosure Agreement? An NDA is a contractual agreement (also known as a ?restrictive covenant?) to protect sensitive information. An employer can ask that a new employee sign an NDA to protect legitimate, confidential business interests such as trade secrets and business practices.
Interviewing prospective candidates sometimes involves sharing sensitive information, such as business processes and plans, and this contract aims to protect the employer. This NDA is unilateral in that the candidate is restricted in his or her use of the information or materials disclosed.
I agree that I shall not during, or at any time after the termination of my employment with the Company, use for myself or others, or disclose or divulge to others including future employees, any trade secrets, confidential information, or any other proprietary data of the Company in violation of this agreement.
The short answer is that if you are in Oklahoma the non compete agreement 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.
I agree that I shall not during, or at any time after the termination of my employment with the Company, use for myself or others, or disclose or divulge to others including future employees, any trade secrets, confidential information, or any other proprietary data of the Company in violation of this agreement.
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?