This employee confidentiality agreement has been created on dd/mm/yyyy to outline the responsibilities of ABC, who shall be known as the employee, towards his employment with DEF, who shall be known as the company, under the subject of employee confidentiality and non-disclosure.
1. Obligations of the Employee
As is customary with employee confidentiality agreements, the employee acknowledges the following obligations and duties surrounding his employment with the company.
1.1. Judicious Performance of Duties
As per the Employee Confidentiality Agreement, the employee undertakes to perform his duties sincerely and to the best of his ability. He shall attend to his responsibilities diligently and reliably.
1.2. No Dual Employment
This Employee Confidentiality Agreement restricts the employee from the following:
1.2.1. Seeking alternate employment in any other organization on a full-time, part-time, contractor or consultancy basis during the course of his employment with the company.
1.2.2. Entering into any agreement with competing firms in the industry.
1.2.3. Participating in any activity that would be in conflict with his obligations to the company
1.3. Surrender of Company Documents
As per the terms of employee confidentiality agreements, on termination of his contract with the company, the employee shall return all company documents and materials that were utilized by him during the course of his employment. The employee understands that these along with the premises, computers, hard disks and files on which he worked are fully owned by the company.
This Employee Confidentiality Agreement requires that the employee fully disclose to the company any information or inventions he comes upon during the course of his employment with the company. This can include information that will harm the company or benefit the company.
2. Proprietary Rights of the Company
As per Employee Confidentiality Agreements, the company fully enjoys all proprietary rights over the work performed by the employee. The conditions of this clause are:
2.1. Employee Confidentiality Agreements provide that the company shall own any inventions or discoveries made by the employee during the course of his employment with the company.
2.2. If the employee comes upon such inventions or discoveries he must inform the company as early as possible.
2.3. The Employee Confidentiality Agreement stipulates that the employee may not share any details of such information with any third party without the explicit consent of an authorized representative of the company.
2.4. The employee shall waive all proprietary rights over the inventions and discoveries he has made during the course of his employment with the company. This Employee Confidentiality Agreement prevents him from contesting the ownership or filing any claims.
As with Employee Confidentiality Agreements, a clear obligation of non-disclosure of company information to third parties is provided below:
3.1. Acknowledgement of Company’s Rights
This Employee Confidentiality Agreement stipulates that the employee fully understands and acknowledges the company’s proprietary rights over any information, discovery, invention or other work performed by the employer during the course of his employment with the company.
3.2. Non-disclosure of Company Information
As is customary with Employee Confidentiality Agreements, the employee is prevented from relating any details of the work he is performing to any third party or individual who is not affiliated to the company.
3.3. Confidentiality on Resignation
This Employee Confidentiality Agreement provides that the employee’s non-disclosure obligations shall extend beyond his employment with the company. Following the termination of his contract with the employer he may not share any information he obtained during the course of employment.
4. General Clauses
As with Employee Confidentiality Agreements, the following general provisions shall apply to the agreement:
4.1. Governing Law
This Employee Confidentiality Agreement shall function with the governing law of the state of XXX. Any party of the document that is not in line with the general rule of law shall not be enforceable.
4.2. Superseding Agreement
This Employee Confidentiality Agreement shall be the sole contract documenting the requirements and obligations of the employee on non-disclosure. It shall supersede any previous documents or agreements in this regard.
4.3. No Guarantee
The employee understands that this Employee Confidentiality Agreement will not serve as a guarantee of any kind towards his continued employment with the company.
I, ABC, fully understand the terms and clauses outlined in the above Employee Confidentiality Agreement and undertake to abide by their requirements during and beyond my employment with DEF