Free Non-Disclosure Agreement for Employees Leaving Job

This Non-Disclosure Agreement ("Agreement") is made and entered into as of the 1st day of January, 2050, by and between [Your Company Name], a company organized and existing under the laws of Arizona, with its principal office located at [Your Company Address] ("Disclosing Party"), and Jewell Ward, a former employee of the Disclosing Party, residing at Phoenix, AZ 85001 ("Receiving Party").
The purpose of this Agreement is to protect the confidential information that may have been shared or accessed during the course of employment and ensure that such information is not used or disclosed after the termination of employment.
I. Definition of Confidential Information
The term "Confidential Information" as used in this Agreement shall refer to all information disclosed by [Your Company Name] to Jewell Ward, including but not limited to:
Trade secrets, proprietary data, financial information, business strategies, marketing plans, and client lists
Source code, software, product designs, and engineering documents
Any information, whether written, oral, or electronic, which is designated as confidential by the Disclosing Party
Confidential Information does not include information that is:
Already publicly known or becomes public knowledge through no fault of the Receiving Party
Independently developed by the Receiving Party without reference to the Disclosing Party’s information
Lawfully received from a third party without breach of any confidentiality obligation
II. Obligations of the Receiving Party
1. Non-Disclosure
Jewell Ward agrees not to disclose, publish, or otherwise share any Confidential Information with any third parties, both during and after the termination of employment with [Your Company Name]. This obligation of confidentiality will remain in effect for a period of five (5) years following the termination date of employment.
2. Use of Confidential Information
Jewell Ward agrees to use the Confidential Information solely for the purpose of fulfilling their job duties during the course of employment and will not use or exploit the Confidential Information for any personal gain or for the benefit of any third party.
3. Return of Materials
Upon termination of employment, Jewell Ward agrees to promptly return or destroy all documents, electronic files, and materials containing any Confidential Information. This includes any notes, reports, or other materials that were generated or received during the employment period.
III. Non-Solicitation and Non-Compete
1. Non-Solicitation of Employees
Jewell Ward agrees that for a period of two (2) years following the termination of employment, they will not solicit or attempt to recruit any current employees of [Your Company Name] to leave the company for any reason.
2. Non-Compete Agreement
Jewell Ward agrees not to engage in any business that directly competes with [Your Company Name] within a 50-mile radius of [Your Company Address] for a period of two (2) years following the termination of employment.
IV. No License
This Agreement does not grant Jewell Ward any rights, title, or interest in or to any Confidential Information or any intellectual property of [Your Company Name]. All rights in the Confidential Information remain the sole property of [Your Company Name].
V. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona, without regard to its conflict of laws principles.
VI. Remedies
In the event of a breach or threatened breach of this Agreement, [Your Company Name] shall be entitled to seek injunctive relief, in addition to any other legal or equitable remedies available, to prevent further unauthorized disclosure or use of the Confidential Information.
VII. Miscellaneous
1. Entire Agreement
This Agreement constitutes the entire understanding between the parties with respect to its subject matter and supersedes all prior agreements or understandings, oral or written, relating to the subject matter hereof.
2. Modification
This Agreement may be amended only in writing and signed by both parties.
3. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remainder of the Agreement will continue in full force and effect.
VIII. Signatures
IN WITNESS WHEREOF, the parties have executed this Non-Disclosure Agreement on the dates indicated below.
For the Disclosing Party:
Name: [Your Name]
Title: Chief Executive Officer
For the Receiving Party:
Jewell Ward
Name: Jewell Ward
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Protect your business information with the Non-Disclosure Agreement for Employees Leaving Job Template offered by Template.net. Fully customizable, downloadable, and printable, this template ensures clear, professional, and legally binding agreements. Editable in our AI Editor Tool, it’s designed to secure sensitive data when employees transition. Safeguard your interests with this reliable and efficient template.
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