A nondisclosure agreement (NDA) occurs when one party or both parties to the agreement promise not to reveal any confidential information that the other is giving to them during the transaction. This is commonly used in employment contracts, where the employee promises not to reveal any confidential information obtained during the course of employment to outside sources. The purpose of the NDA is essentially to establish a confidential relationship between the employer and the employee that can easily be proved in a court of law.
The basic elements for a nondisclosure agreement are:
Make sure to read over the NDA you signed again so as to understand what you are being accused of and to ascertain what procedure will be used to resolve the dispute. You may want to consult an employment attorney who has experience dealing with NDAs and employment contracts if you signed the agreement as a stipulation to employment. Your attorney can help interpret the nondisclosure agreement and find potential defenses as well as help you navigate through the legal procedure set out in the NDA.
Last Modified: 03-05-2015 12:01 PM PSTLaw Library Disclaimer
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