A non-disclosure agreement is very similar to a confidentiality agreement – which document to use is often simply a matter of personal preference. Both require the stipulation that specific information will not be disclosed to third parties for any reason. Additionally, neither agreement format prohibits anyone from reporting a crime or violation.
Along the same lines as covenants not to compete are confidentiality agreements. Many times an employee or partner will leave a business and the need for a complete “no competition” agreement is not necessary. A simple confidentiality agreement may be entirely suitable when attempting to protect a company’s secret food recipe, cooking technique, perfume formula, varnishing mixture, anything… Read More »
Are your concerned about your business’ trade secrets or intellectual property? If so, you can take advantage of special agreements designed to prohibit the disclosure of companies’ most vital and sensitive information. The two types of labor forms most commonly used by businesses to protect their confidential information are Non-Disclosure Agreements and Confidentiality Agreements.