An Employee Non-Disclosure Agreement (NDA) is a confidentiality agreement that an employer can use to protect proprietary business information. Protected information can include business performance metrics, technical data, partner or customer lists, inventions, trade secrets, and other intellectual property. If your employees don't sign a confidentiality agreement, your trade secrets and sensitive business information may be shared or otherwise used by existing and former staff in ways that can damage your business and weaken your competitive advantage. An Employee Non-Disclosure Agreement sets the expectation that your proprietary information will not be disclosed, and it enables you to take legal action if the agreement is violated. It can be helpful to get your Employee NDA signed as part of the onboarding process, so that all parties understand their duties and privileges as you embark on your working relationship together. This document can also be used for existing employees.
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