Employee Confidentiality Agreement
This agreement is operational when signed by and between the parties [Employer.FirstName][Employer.LastName][Employer.Company], a Private Limited Company having its office headquartered at [Employer.StreetAddress][Employer.City][Employer.State][Employer.PostalCode][Employer.Country], and [Employee.FirstName][Employee.LastName], residing at [Employee.StreetAddress][Employee.City][Employee.State][Employee.PostalCode][Employee.Country].
[Employee.Company] is offering employment to Mr./Ms. __________________ from ______________(Date of joining the company), and this agreement intends to safeguard the confidential information or data revealed by the Company during employment to [Employee.FirstName][Employee.LastName].
In contemplation of the remuneration salaried by the [Employee.FirstName][Employee.LastName], the receipt and competence of which is accepted hereby, [Employee.FirstName][Employee.LastName] hereto agrees with the following clauses:
1. Confidential Information or Data
[Employee.FirstName][Employee.LastName] must consider that any confidential information or data shared by [Employee.Company] are the exclusive trade secrets of the Employer. Therefore, it is the foremost duty of the Employee to take practical and equitable steps to protect the confidentiality of the shared information or data.
The Employee is not authorized to utilize any proprietary data or confidential information for their personal advantage or the benefit of others during the employment period.
The Employee agrees that the proprietary data and confidential information are the sole property of the Employer. Thus, the Employee will not confiscate it away from the company premises of the Employer under any conditions unless the Employer provides written approval to the Employee. If the information or data is removed, the Employee must submit it back to the Employer upon the termination and refrain from making copies or replicating it.
All the vital devices, computer disks, files, notebooks, and any other tangible asset containing proprietary data or confidential information are the Employer's private property. Thus, the Employee holds no right over the exclusive belongings of the Employer.
The Employee agrees that they, under any circumstance, will not reveal the proprietary data or confidential information, whether directly or indirectly, to any other person or entity. Any utilization of confidential material by the Employer will result in the breach of data, necessitating the Employer to take strict legal action against the Employee.
If the Employee leaves their position, they cannot take up another job within a specific time period of _______ months and cannot share any confidential information, data, or tangible material with their previous Employer.