Employee non disclosure agreement template uk

For example, the disclosing party might say the information must be kept confidential but can be used to inform business decisions or operations.

An NDA can continue indefinitely or end on a predetermined date. If a date is not specified, the information should remain confidential indefinitely. Alternatively, you can specify a date for the duty of non-disclosure the responsibility of keeping the information confidential to end. This date can be when the relationship between the two parties ends, or it can be when the information no longer needs to be confidential because it will be in the public domain. Although, it should be noted that the duties of non-disclosure can extend beyond the formal end of the agreement.

For example, trade secrets are considered valuable business assets and are generally protected indefinitely by UK law. Also, an NDA will not be enforceable if the confidential information becomes publicly known through no fault of the receiving party because it can no longer be defined as confidential information.

For instance, imagine two inventors enter an NDA with a potential investor. The investor agrees to keep the details of the invention confidential until they can begin manufacturing and selling the new product. If one of the inventors gives away the secrets of the invention during an interview with a journalist, the information would be considered public knowledge, and the investor could not be held accountable by the inventors if that information is used by third parties.

Sometimes commercially sensitive information is used to unfairly lure away customers or employees. The following clauses are designed to prevent this:.

These clauses are often found within a Non-Disclosure Agreement because they provide additional protection to the disclosing party's business interests. However, the enforcement and extent of these clauses may vary between jurisdictions.

A Non-Disclosure Agreement acts as a strong deterrent for anyone who has signed one because of the legal action that can be taken if the confidential information is leaked. Remedies for a breach of contract can be included in the NDA, like requiring the receiving party to pay liquidated damages a predetermined sum of money.

All Rights Reserved. We provide information and software, and you are responsible for appropriately using this material. Your use of this site is subject to our Terms of Use and Cookie Policy. Use of this site is subject to our Terms of Use. We provide information and software and you are responsible for appropriately using this material. Use of this site is subject to our Terms of Use and Cookie Policy.

Note: Your initial answers are saved automatically when you preview your document. This screen can be used to save additional copies of your answers. Select the statement you most agree with:. I do not understand the information. I cannot find the information I'm looking for. I cannot work out what to do next. Tell us more about your answer Please do not include any personal details, for example email address or phone number. If you have a question about your individual circumstances, contact our helpline on Leave this field blank.

Thank you for your feedback If you like, you can tell us more about what was useful on this page. Linkedin Twitter Facebook. Sexual harassment Settlement agreements Whistleblowing at work. This includes, but is not limited to:. The Employee will also return to Company all equipment, files, software programs and other personal property belonging to Company.

Confidentiality Obligation Survives Employment. This Agreement may not be amended except in a writing signed by both Company and Employee. This right is to be in addition to the remedies otherwise available to Company. The Employee waives any other venue to which the Employee might be entitled by domicile or otherwise. The Company may assign this Agreement to any party at any time. Any assignment or transfer in violation of this section shall be void.

The Employee is provided notice that an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made i in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and ii solely for the purpose of reporting or investigating a suspected violation of law; or is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.

An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual i files any document containing the trade secret under seal; and ii does not disclose the trade secret, except pursuant to court order.

The Employee has received a copy of this Agreement signed by the parties. Select Alternative 2 if the agreement is with a current employee. To ensure that the agreement will be legally binding, the employee should receive something of value over and above normal salary and benefits for signing it-for example, cash, additional vacation time, stock options or other benefits. Specify the compensation to be provided. It does not have to be substantial.