15 Sep Contract Employee Non Disclosure Agreement
These are increasingly becoming the norm in the economy and many employees regularly sign them as a duration of employment. This agreement defines the nature of the information that cannot be disclosed. If no time period is indicated, there is a greater chance of litigation and forensic audits to make a fair and equitable decision. An NDA covers the duration of an employee`s employment and a period after the termination of the employment relationship. To be enforceable, a confidentiality agreement must protect information that is both confidential and valuable. When an employer and worker enter into an agreement to settle a dispute in the workplace, they may use an NDA to handle one of the following confidential information: a unilateral NDA (sometimes called a single-use NDA) consists of two parties for which only one party (i.e. the disclosing party) expects certain information to be disclosed to the other party (i.e. B the receiving party) and requires: that, for any reason, the information is protected against further disclosure (e.g.B. .