Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a Non-Disclosure and Non-Compete Agreement?

0
10 Posted

What is a Non-Disclosure and Non-Compete Agreement?

0
10

signing a contract image by William Berry from Fotolia.com jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/a06/g5/1l/non_disclosure-_amp_amp_-non_competition-agreement-1.1-800X800.jpg’); }); An employee who signs a non-disclosure and non-competition agreement becomes contractually obligated to keep company information private while employed and agrees not to go to work for a competitor. A non-disclosure and non-compete agreement are actually two different but complementary agreements. By signing an employment contract containing non-disclosure and non-compete provisions, an employee is promising two different things. With a non-disclosure agreement, the employee promises not to tell third parties information about the company such as trade secrets, customer lists, special work processes and any other confidential material that the company wishes to remain private. With a non-compete agreement, the employee promises n

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123