This joint nondisclosure agreement is used to provide appropriate protection for confidential information. It defines "confidential information" and prescribes the way it may and may not be used.
Washington Joint Nondisclosure Agreement for Use in Technology Transactions
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US-TC0306
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FAQ
The specific information that should be protected by a mutual NDA will depend on the circumstances of the agreement, but generally includes any information that is not generally known to the public and that has commercial value to the disclosing party.
It is also a violation to attempt to enforce a non-compliant NDA, ?whether through a lawsuit, a threat to enforce, or any other attempt to influence a party to comply.? An employer who violates the law after its effective date may be sued for actual damages or $10,000 per violation, along with paying the employee's ...
The law makes it illegal to enforce an NDA that would prevent a sexual harassment or assault victim from speaking out about their allegations. The law makes it clear that it applies to any claim that is filed after the date that the bill was signed into law, regardless of when the NDA was dated.
For example, NDAs that prevent an individual from reporting illegal or unethical activity in the workplace may be deemed unenforceable because they interfere with important public policy goals, such as maintaining the integrity of the workplace and preventing discrimination or harassment.
While Washington and California have passed Silenced No More Acts, other states, including New York, Illinois, New Jersey and Oregon, have enacted their own NDA-narrowing provisions that cover all forms of employment discrimination.
Washington state now joins California as the second state to make non-disparagement and non-disclosure agreements (NDAs) in employer settlements and contracts unenforceable, for harassment and discrimination.
In a unilateral NDA, One party promises to keep confidential material belonging to the other party privately. In an MNDA, both parties agree not to reveal the confidential information of the other.
A bilateral NDA (sometimes referred to as a mutual NDA or a two-way NDA) involves two parties where both parties anticipate disclosing information to one another that each intends to protect from further disclosure. This type of NDA is common for businesses considering some kind of joint venture or merger.