Employee Confidentiality Agreement
This Agreement ("Agreement") is entered into as of [Date] between [Your Company Name], a corporation with its principal place of business at [Your Company Address] ("Company"), and [Employee Name], an individual residing at [Employee Address] ("Employee").
I. Definition of Confidential Information
The term "Confidential Information" shall mean any non-public information, data, materials, or knowledge belonging to or about the Company, its clients, customers, partners, affiliates, vendors, or other associated parties, including but not limited to trade secrets, business plans, financial information, intellectual property, technical data, customer lists, marketing strategies, and any other information marked or reasonably understood to be confidential.
II. Obligations of Employee
The obligations outlined in this section detail the responsibilities of the employee regarding the handling and usage of Confidential Information.
Hold in strict confidence
The employee is required to uphold the confidentiality of all classified information, ensuring its security by exclusively allowing access to those with proper authorization. It is the employee's responsibility to abstain from revealing or sharing this confidential information with anyone not authorized without any exceptions.
Non-disclosure
The employee is strictly prohibited from sharing or revealing any Confidential Information to a third party unless they have obtained written permission from the company stating specifically that they are permitted to share such information with the identified third party. This policy is robust and has been established by the company to ensure the security and confidentiality of all its information.
Limited use
The employee is accorded permission to utilize the Confidential Information exclusively and strictly to fulfill their professional responsibilities and duties that are demanded of them within the operational scope of the Company.
III.Exceptions
Publicly available information
The employee is not bound by confidentiality obligations for information that is already in the public domain and was not made public due to any actions or fault of the Employee.
Prior knowledge
The employee does not carry any obligation or duty about keeping any information confidential that may be disclosed to them by the company, provided they were already aware of the said information before it was shared by the company.
Third-party disclosure
Confidential Information obtained by the Employee from a third party without any confidentiality restrictions can be exempted from the obligations outlined in this Agreement.
Independent development
The employee is not required to treat information as confidential if they develop it independently without using or referencing any Confidential Information provided by the Company.
IV. Return of Materials
Upon termination of employment or at the Company's request, Employee shall promptly return to the Company or destroy all documents, records, or other materials containing or relating to Confidential Information.
V. Non-Solicitation
Employee agrees that during the term of employment and for 1 year after termination of employment, Employee shall not directly or indirectly solicit, induce, or encourage any employee, consultant, or contractor of the Company to terminate their employment or engagement with the Company.
VI. Term and Termination
This Agreement will commence from the date first above mentioned and continue until the termination of the Employee's employment. Following termination, the Employee shall continue to be bound by the terms mentioned herein about Confidential Information.
VII.Governing Law
This Agreement, in its entirety, will be guided and interpreted according to the laws inhabiting the jurisdiction of [State/Country]. The understanding and interpretation of this Agreement will remain unaffected by the principles underlying any conflict of laws that may exist in [State/Country].
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[Company Representative Name]
[Employee Name]
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