This is a confidentiality agreement to be used when two law firms merge. This particular agreement is to be used when the two firms are negotiating a merger, and includes clauses that prohibit the hiring of the other firm's partners or emplyees during negotiations. The agreement also states that the negotiations are not exclusive, and each firm is free to negotiate with other firms during the period prescribed in the agreement.
Washington Confidentiality Agreement
Category:
State:
Multi-State
Control #:
US-L08021A
Format:
Word;
PDF;
Rich Text
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How to fill out Confidentiality Agreement?
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FAQ
It is possible to void an NDA if the party signing it had access to the information before formally becoming a signatory. One of the most compelling instances in which an NDA is revocable or ?null and void? is when a court order is imposed or a government regulation requires its disclosure.
The Act (codified as RCW 49.44. 211) makes it illegal for employers in an agreement to prohibit employees from discussing conduct the employee reasonably believed to be an illegal act of discrimination, harassment, retaliation, wage and hour violation, or sexual assault.
A confidentiality agreement should include a clear definition of the confidential information, scope of the agreement, obligations of the receiving party, the duration of the contract, any exceptions to confidentiality, and the consequences of a breach of the contract.
Confidential records should be labelled so that they are easily identifiable. Ensure that records for which circulation should be limited are clearly marked CONFIDENTIAL. Determine who should have access to a confidential record.
On March 24, 2022, Governor Jay Inslee signed into law ESHB 1795, which prohibits employers from requiring a prospective, current, or former employee (or an independent contractor) to sign any agreement that prevents the disclosure of alleged discrimination, harassment, retaliation, sexual assault, wage and hour ...
You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.
What happens if you breach an NDA? Simply put, a breach of NDA can have a range of consequences that are outlined in the NDA itself, or in the non-disclosure clause of your employment agreement. You may be subject to legal liability, monetary fines and criminal charges in extreme cases.
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.
