A confidentiality agreement, also known as a nondisclosure agreement (NDA) is an agreement contract that takes place between two or more people. It is written and specifies the terms of the agreement, why they are put into place, and both parties agree not to discuss the matter with anyone outside of the agreement. A typical confidentiality agreement may be between an employer and an employee when the work being performed is confidential.
If you know that you need a confidentiality agreement, it’s important to contact a California business lawyer, as some agreements can become complicated. Business lawyers have experience in drafting confidentiality agreements and can ensure that yours is up to par. When drafting your agreement, you need to give as much information and detail as possible including what must remain confidential – this should include all letters drafted, content of phone calls, and work product. Your California business lawyer will make sure that the obligations are easy to read so that the agreement is completely understood by both parties. You must also state what is not confidential and be specific to reduce any chance of misunderstandings between any party to the agreement.
There should be a start and end date included in the agreement and it’s important to make the consequences known for failure to abide by obligations of the agreement – for example, consequences may be termination or paying monetary damages. These are just a few things to think about, as your experienced attorney will help you write your confidentiality agreement to make it easy to be understood by all parties involved.