Agreement Template / December 4, 2018 / Karin Higgins
While you probably lock your important files away in secure filing cabinet when you are not in your office and have installed security encryption software on your electronic files to keep prying eyes out have you stopped to think about your employees? In order to make sure that they understand the importance of keeping your company information safe you may need to use a non-disclosure agreement template to draw up a document for each employee to sign stating that they will not disclose any information. This type of agreement is put in place to ensure that any information pertaining to your company and your clients will be held in the strictest confidence. It is used particularly where the sharing of information must occur between two companies but not be released to the general public.
Unless you are in a college dorm or you lost a significant amount of your income Landlords are hard pressed to allow something like this to happen. In the event you are the Sub-Lessor you are still liable for your lease with the Landlord if the Sub-Lessee fails to pay rent or breaches their lease in any way. Think of the last time you thought about entering into business with someone. Whether you were engaging a consultant hiring an employee sharing your trade secrets with a vendor or providing your private data to a customer youve probably asked the other side to sign a confidentiality agreement protecting your most prized information (or theyve asked you to do so). But this kind of contract shouldnt be some simple hoop to jump through farmed out to your lawyers or contract managers without you paying close attention to the details.
How do people try and alleviate this concern? 3. Description of Confidential Information. Well one way people try and get around the marking requirement is to provide a description of which information is confidential and which information is not. But people usually write such a wide ranging description that its hard to know what is or is not confidential. And if two parties sign multiple confidentiality agreements with each other then you usually end up with multiple overlapping definitions of confidentiality so you have no idea which agreement applies to which information nor whether certain materials fall under the agreement and other ones do not. 4. Exceptions. Whats the solution? The best move is to just say that all of the private information that you provide for the business purpose is confidential.