Employee Confidentiality Agreement Form
Employee Confidentiality Agreement Form
I. The Parties
This Employee Confidentiality Agreement ("Agreement") is entered into as of
WHEREAS, the Company desires to protect certain confidential and proprietary information from unauthorized disclosure, dissemination, or use;
WHEREAS, the Employee acknowledges that they will be exposed to confidential and proprietary information in the course of their employment with the Company;
WHEREAS, the Employee agrees to protect and maintain the confidentiality of such information to the best of their ability;
NOW THEREFORE, in consideration of the mutual promises and covenants herein, the Parties agree to the terms and conditions set forth in this Agreement.
II. Confidential Information
A. General Definition
Confidential information refers to any and all information, in written, oral, or electronic form, that the Company considers proprietary or sensitive. This may include, but is not limited to, technical data, business strategies, customer lists, product designs, marketing plans, and financial information. The confidentiality obligation applies regardless of whether the information is specifically marked as "confidential."
B. Categories
Confidential information may cover various categories, including business, financial, technical, or legal data. Business information may involve operational plans or forecasts. Financial information includes details about the Company’s revenue streams, expenses, or profits. Technical information involves proprietary designs, systems, and methodologies that contribute to the Company’s intellectual property portfolio.
C. Means of Disclosure
The information may be disclosed through various means, including written, oral, or digital communication. The Employee is bound by this Agreement regardless of how the confidential information is received, whether in meetings, emails, or other forms of communication. The Employee acknowledges that verbal communication of confidential details is equally as binding as written documentation.
D. Duration of Confidentiality Obligation
The confidentiality obligations under this Agreement extend for the duration of the Employee’s employment with the Company and continue indefinitely after the termination of employment. The Employee acknowledges that the protection of the Company’s proprietary information is a continuing obligation and does not expire with the end of employment.
III. Exclusions
A. Publicly Available Information
Confidential information does not include any information that is or becomes publicly available through no fault of the Employee. If the information is released by the Company or a third party without breach of confidentiality, it is not considered confidential under this Agreement. This ensures that the Employee is not held liable for information that the Company makes public.
B. Legally Mandated Disclosure
If the Employee is required by law, regulation, or court order to disclose any confidential information, they must provide the Company with prompt written notice of the requirement. The Employee must cooperate with the Company in seeking an appropriate protective order or other remedy. In this case, the Employee will only disclose the portion of information that is legally required.
C. Independently Developed Information
If the Employee can demonstrate that they independently developed the information without reference to or use of the Company's confidential information, such information will be excluded from the confidentiality obligation. This applies if the Employee created or invented the information through their independent work or research.
D. Third-Party Information
Confidential information does not include any information lawfully received from a third party without an obligation of confidentiality. The Employee agrees not to use or disclose any third-party confidential information without the Company’s authorization, as third-party data may also be protected by separate agreements or legal protections.
IV. Intellectual Property
The Employee acknowledges and agrees that all intellectual property, including but not limited to inventions, designs, discoveries, processes, improvements, patents, trademarks, and copyrights, created during the course of employment with the Company shall be the exclusive property of the Company. This includes any intellectual property that is developed in whole or in part using the Company’s resources, tools, or time. The Employee agrees to promptly disclose any such creations to the Company.
The Employee further agrees that they will not use any intellectual property belonging to the Company for personal benefit or disclose such property to any third party without the prior written consent of the Company. The intellectual property rights extend beyond the termination of employment, ensuring the Company's continued ownership and protection of its proprietary assets.
V. Non-Compete
During the term of employment and for a period of
VI. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of
VII. Miscellaneous Provisions
A. Severability
If any provision of this Agreement is found to be unenforceable or invalid by a court of competent jurisdiction, the remainder of the Agreement shall continue in full force and effect. The unenforceable provision shall be replaced by a valid provision that most closely approximates the intent of the original provision.
B. Entire Agreement
This Agreement constitutes the entire understanding between the Parties with respect to the subject matter herein. It supersedes all prior agreements, understandings, or discussions, whether oral or written, regarding the Employee’s confidentiality obligations to the Company. No modification of this Agreement shall be valid unless made in writing and signed by both Parties.
C. Amendments
This Agreement may be amended or modified only by a written document signed by both Parties. Any oral modifications or agreements that are not memorialized in writing will not be legally binding. Both Parties agree that future changes to this Agreement must be documented in written form.
D. Waiver
The failure of either Party to enforce any provision of this Agreement shall not constitute a waiver of that provision or any other provision of the Agreement. Any waiver must be in writing and signed by both Parties to be effective. A waiver on one occasion does not constitute a waiver on future occasions.
VIII. Signatures
IN WITNESS WHEREOF, the Parties hereto have executed this Confidentiality Agreement as of the date first written above.
Company
Name: Date: |
Employee
Name: Date: |