Non Disclosure Forms and Agreements
Non Disclosure Agreements operate to prevent the release of certain confidential or proprietary information. USlegalforms, Inc. offers a variety of non disclosure forms to suit your needs. The forms professionals trust!
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What are Non-Disclosure Agreements?
Non-disclosure agreements are used to impose confidentiality obligations on parties receiving information on materials from disclosing parties which consider such information or material to be confidential. Drafting the appropriate contract requires consideration of some key issues. The first challenge is to identify, with particularity, the information which is confidential. There may be limitations on what information is deemed confidential, such as information already known to the signing party, or information made public, through government agency order, etc. The second question focuses on whether you are the party receiving or disclosing such information. The third issue concerns the duration for keeping the information confidential. Finally, consider whether the confidential information also qualifies as a trade secret. Also important is an explanation of the purpose for disclosure, i.e. when confidential information is only revealed to another party for a specific purpose.
What is the purpose of a Non-Disclosure?
The agreement should set forth what the purpose is. Other provisions that are commonly found in confidentiality agreements include: a provision allowing the remainder of an agreement to stay in effect even if a portion of the agreement is found to be unenforceable, a provision stating that the agreement is binding on heirs and assigns, a provision calling for a return of confidential materials after use by Recipient, a provision stating that the Discloser has the right to receive an injunction from a court if the agreement is breached, a provision specifically specifying that the Discloser owns all confidential information, a provision specifying that disputes should be arbitrated, and a provision governing the controlling law for the contract.
What are the most common forms used in Non-Disclosure?
The most popular forms used are Employee Confidentiality and Unfair Competition – Noncompetition – Agreement, Nondisclosure and Confidentiality Agreement – Potential Purchase, Company Nondisclosure Agreement – Company to Company, Secrecy, Nondisclosure and Confidentiality Agreement by Employee or Consultant to Owner, and Confidentiality and Nondisclosure Agreement – General.