Make sure that both parties (employer and employee) receive adequate consideration or benefits for entering into the NDA. It’s important to establish that both parties have obligations to protect and keep the information confidential.
NOW, THEREFORE, in consideration of the employment of Employee by Employer, the Parties hereby agree as follows:
Confidential Information
"Confidential Information" means any and all information, whether made available orally, in writing, or in any other form, that relates to the business activities of Employer, which is not generally known to the public, and which has not been disclosed by Employer to Employee for the purpose of carrying out Employee's duties. Confidential Information includes, but is not limited to, trade secrets, know-how, inventions, research results, customer and vendor lists, financial information, marketing strategies, and any other proprietary information that is designated as confidential by the Employer.
Use and Disclosure of Confidential Information
Employee agrees to use the Confidential Information solely for the purpose of performing his or her duties for Employer and to disclose Confidential Information only to those persons within Employer who need to know such information. Employee shall not use or disclose Confidential Information other than as provided in this Agreement without the prior written consent of Employer.