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Confidentiality agreement

Occasionally employees use confidential business information for their personal or financial advantage and may even disclose it to competitors. To capture in writing the employees commitment not to benefit personally from confidential information or improperly disclose it to others, use Form 9D: Confidentiality Agreement, Also called a non-disclosure agreement, a confidentiality agreement can prohibit an employee from disclosing a secret invention, design, an idea for a new website, or confidential financial information about your company.

If you enter into a confidentiality agreement with an employee and that employee later uses or discloses your trade secrets without your permission, you can ask a court to stop the employee from making any further disclosures. You can also sue the employee for your losses.

In your agreement, you can define the types of information you want kept secret - although you should not set out any actual secrets in the confidentiality agreement - and therefore reduce the chances of confusion over what is, and what isn't, a secret.

There is no need to have all of your employees sign such an agreement. Most workers aren't exposed to much truly confidential information. Reserve confidentiality agreements for only those employees who are likely to learn confidential information.

I his agreement is for employees only. For confidentiality agreements you can use with independent contractors and vendors