Non Compete Confidentiality Agreement
Paperwork like contracts and agreements are a norm for companies and businesses. This is something every veteran of employment will be familiar with and will expect as well. For those who may still be new to it, may wonder what the use for it. Employees who are either working for a company, a business for part time, full time or contractual may encounter a series of paperwork they are expected to read, understand and of course sign. Some employees may wonder why the series of paperwork they have to go through before they are able to work or be given tasks to work for the place they have been hired. They may also encounter this type of agreement that will explain the reasons and the purpose for it. Some may call it a non-disclosure agreement, a confidentiality agreement, but this is what most companies will call it, a non-compete confidentiality agreement.
10+ Non Compete Confidentiality Agreement Examples
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11. Printable Non Compete Confidentiality Agreement
What Is a Non-compete Confidentiality Agreement?
A non-compete confidentiality agreement is a document that binds two parties together to the agreement. The agreement restrictively binds the employee to the agreement as a way to prevent the employee from seeking out work of the same nature as of the one they are employed in. In addition to that, a non-compete confidentiality agreement also explains to the employee that whether or not they are still employed or no longer associated with the company or business, they are not allowed to seek work of the same nature, nor divulge any information to third parties about the nature of the work.
How to Make a Non-compete Confidentiality Agreement
Where do you begin when you need to write a non-compete confidentiality agreement? Apart from writing from the very beginning? What do you think you will need in order to make it easy to understand and easy to be followed? If you had to ask yourself these kinds of questions before, you are in for a treat. The steps below will help you sum up what a non-compete confidentiality agreement will look like.
1. Employee’s Name, Contact Information and Position
To start off, the generic information of your first paragraph will consist of the employee’s name, contact information and the position they hold in the company or business. This may be the simplest and most generic part of your agreement. But it is also the most important, as this addresses that the agreement is made for the employee.
2. The Complete Citations of the Agreement
The citations of your agreement should be as follows. Start with the conditions of the company or the business. The address, the and what the business or company is about. In addition to that, add the type of work the employee is hired for. What the company expects the employee will be doing throughout their employment as well.
3. Give an Explanation of the Entire Agreement
This is still included in the second paragraph under the introduction paragraph of your agreement. You must write why it is important to follow the strict rules of the agreement, the guidelines and of course the reason for it. Bear in mind, that when you explain, it is also best to use simple words or simple and generic terms.
4. State the Consequences of the Agreement
If it so happens that the employee may go against what you have stated, add the consequences. It should be fully and in plain sight to see that when the employee may break the agreement, consequences should also be present.
FAQs
What is a non-disclosure confidentiality agreement?
A kind of agreement that binds the employee to the company or business they are applied in. The agreement simply states that the employee must not find a different kind of work similar to the nature of the employment they are currently in.
Why are there consequences written in an agreement?
The consequences are there in order to explain the seriousness of this kind of agreement. The non-disclosure agreement helps explain to the employee that they must not give out information that can be used for third parties.
How long is this kind of agreement?
The most common length of this type of agreement is often a page or two long. Anything that may go beyond that is often unheard of. But it may also depend on how many conditions the employer may want to add in order to explain the whole agreement.
Paperwork, agreements, contracts, a lot of people think they may never end. They are useful and it is part of working for a company or a business. Employees should know that this type of contract should be taken seriously.
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