Confidentiality Agreement Replace Date Field For Free

Generally, this contract is signed prior to the employee's first day of work. However, some occasions require a retroactive contract. An example is when an employee starts off as a volunteer and is promoted to paid status. The retroactive employment contract is like any other.

If your company discloses confidential information without having the NDA agreed to first, ensure that the NDA applies retroactively by setting the effective date as the date on which confidential information was first disclosed, not the date on which the agreement was signed.

A contract can be backdated to cover events occurring prior to the date of signature of the contract. It is a common myth that parties can backdate a commercial or technology contract to ensure that it covers events occurring prior to the date of signature.

A confidentiality agreement is a legally binding contract that states two parties will not share or profit from confidential information. A business usually gives a confidentiality agreement to an employee or contractor to make sure its trade secrets or proprietary information remains private.

Backdating is the practice of marking a document, whether a check, contract, or another legally binding document, with a date that is prior to what it should be. Backdating is usually disallowed and can even be illegal or fraudulent based on the situation.

Thankfully, most jurisdictions allow for contracts, including NDA's, to be signed with a retroactive date. This is commonly referred to as backdating. But backdating (or adding a retroactive date) any contract can be tricky business, perhaps even more so with NDA agreements because of their nature and content.

8 Things You Should Always Include in Confidentiality AgreementsInclude a Non-Compete Clause.Keep the Agreement and Relationship Confidential.Have a Set Termination Date.Carefully Look at PR Guidelines.Add a Region in the Non-Compete Agreement.Protect Your "Secret Sauce" Items.Make NDAs Very Specific.Jun 6, 2014