Employee Non Disclosure Agreement Template
What is an Employee Non-Disclosure Agreement?
An employee non-disclosure agreement (NDA) is a document used by employers to protect confidential information from being disclosed. It is a legal agreement between the employer and employee that outlines the confidential information that must be kept secret by the employee. The agreement may also outline the consequences of breaking the agreement, including potential legal action.
Why Should You Have an Employee Non-Disclosure Agreement?
Having an employee non-disclosure agreement is essential for any business that needs to keep confidential information secure. It serves as a reminder to the employee that they are not allowed to share this information with anyone outside of the company. It also protects the company if the employee breaches the agreement, as they can be held liable for any damages.
What Should Be Included in an Employee Non-Disclosure Agreement?
An employee non-disclosure agreement should include the following elements:
- The definition of confidential information.
- The restrictions for disclosing confidential information.
- The duration of the agreement.
- The consequences of breaking the agreement.
- The employee’s signature.
Sample Employee Non-Disclosure Agreement Template
This Agreement is made between [Employer Name], hereinafter referred to as the “Employer”, and [Employee Name], hereinafter referred to as the “Employee”.
The Employee agrees not to disclose any confidential information, as outlined below, to any third party without the express written consent of the Employer.
The confidential information includes, but is not limited to:
- Any trade secrets or proprietary information.
- Any business plans, strategies, or methods.
- Any customer lists or customer information.
- Any pricing information.
The Employee agrees to keep all confidential information confidential for a period of two years from the date of this agreement.
The Employee agrees that any breach of this agreement will result in legal action and financial penalties.
Signed: ___________________________ Date: __________________
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