LEGALDOCS - Nondisclosure Agreement
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This is an example of a completed Nondisclosure Agreement.
THERE IS A CHARGE OF $7.95
TO OBTAIN AND PRINT THIS DOCUMENT. You can proceed with the Questionnaire,
and obtain a Nondisclosure Agreement free of charge, but to obtain the
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you will be asked to submit credit card information and will be billed $7.95.
However, please feel free to complete or review this Questionnaire and the Summary
which will be produced. It is educational and will provide some insight regarding
which areas, minimally, should be covered, and will let you see if the subject
matters important to you are covered in the Nondisclosure Agreement
Once you pay for the document, you can return to this site and access and modify the completed document for 24 hours as long as you use the same computer. The completed document is available in MSWord format, so you can print and/or save it to your hard drive. You can then modify the document on your system in MSWord, or (during the initial 24 hour period) modify the document by clicking on the document link in legaldocs.com. You can also copy/paste the document into any other word processor and print or make changes as you desire.
This Agreement can be used to protect innovations and secrets from use by others. Nondisclosure agreements are typically used when one person works for another and is exposed to trade secrets which must be kept confidential (a full trade secrets clause is included in Legaldocs Independent Contractor Agreement), and/or in any situation where two parties want to discuss working on a joint project, which necessarily requires the discussion of confidential trade secrets.
Be advised that trade secret doctrines are not federal law. Although very similar, each state has its own laws regarding trade secrets. To protect your trade secrets, it is important to show that you have treated the material as confidential (i.e., storing copies of information in secure places, locking up computer programs, labeling things "confidential", having those you work with sign nondisclosure forms, etc.), and that the information has aided your competitive position.
Also note that "ideas" are not normally protected as trade secrets. A trade secret involves some formula, method of production, patent, or process not known to the public. An idea to "develop a new doll which looks like Santa Claus with black hair" will not ordinarily be protected.
To create a Nondisclosure Agreement, complete this form.
- Enter the full name whose trade secrets will be protected (The "Owner"):
The Owner is:
- Enter the full name who is promising to maintain the trade secret (The "Promisor"):
The Promisor is:
Complete the following sentence to describe the business conducted by the Owner and the relationship with the Promisor:
- The Owner is in the business of:
For example, "providing administration, management, accounting, and related functions for a variety of restaurants"
(WHEN COMPLETING THIS AND OTHER SENTENCES BELOW, DO NOT CAPITALIZE THE FIRST WORD, AND DO NOT USE A PERIOD AT THE END OF THE SENTENCE)
- Describe the relationship between the Owner and the Promisor.
(USE A FULL SENTENCE HERE) For example, "Promisor is being hired as an independent contractor to review Owner's accounting and control practices." OR "Promisor and Owner are discussing merging their businesses, and in doing so Owner will divulge internal trade secrets relating to Owner's business practices". OR "Promisor and Owner are negotiating forming an exclusive distribution relationship for Owner's products, and in doing so Owner will divulge internal pricing and customer name information to Promisor".
Provide the following information about the Trade Secrets being included:
- Complete this sentence: The information to be treated as trade secret is all confidential information relating to . . .
For example; "vendor/supplier lists, product recipes, production costs, materials costs, sales revenue, employee costs, management costs, income derived from operations, and leasing expenses"
Complete the Sentence. The length of time this Non-disclosure Agreement is to remain in effect is:
Indefinitely, or until release in writing by Owner.
Until (specify date, or an event).
(For example: "for 2 years after Promisor finishes its project with Owner" OR "until 12/31/1999".)
- Insert any additional matters you want to include in this agreement.
(USE FULL SENTENCES AND PUNCTUATION
- IF THIS AREA REMAINS BLANK, THERE WILL BE
NO REFERENCE TO "Additional matters" IN THE AGREEMENT)
If either party to this Nondisclosure Agreement brings a legal action against the other party, should the party winning the lawsuit be entitled to reasonable attorney's fees in addition to that party's other recovery?
Yes, the final document will provide that the prevailing party's attorney's fees will be paid by the non-prevailing party.
No, the final document will state that each party will be responsible for its own attorney's fees.
- This Agreement will be signed in the
This completes the information input for your Nondisclosure Agreement. When you Send this Form, this program will prepare a Summary of the Nondisclosure Agreement for your review. Make sure that all facts stated in the Summary are correct in all respects.
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