Trade Secret For

 Trade Secret and Nondisclosure Agreement for a Newly Hired Employee
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State:
Multi-State
Control #:
US-00551BG
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Available formats: Word | Rich Text

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Description Trade Secret Agreement

If this agreement is entered into at the time the employee is employed, the promise of the employer to employ and pay compensation is consideration for this agreement. If the employee's promise is made after the original hiring date, and the employee does not have a contract of definite duration in time (i.e., is an employment at will), then the agreement would be binding on the employee in many states because the employer would be able to fire the employee if the employee did not enter into the contract. However, some Courts do not follow this reasoning and will not enforce such an agreement by an employee already employed (whether by written or oral contract). If the employee has a five-year contract, the employer cannot enforce a new provision, such as this type of agreement, unless consideration is given, such as money.

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Nondisclosure Agreement For Other Form Names

Nondisclosure Newly Agreement   Trade Secret Contract   Trade Secret Buy   Trade Secret Nondisclosure   Secret Nondisclosure Agreement   Trade Secret File   Trade Secret Template  

Trade Secret Agreement Form FAQ

What are trade secrets and how are they protected?

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Can an employer make you sign an NDA?

Can my employer make me sign a confidentiality agreement?

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Can you make employees sign NDA?

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