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Replace Value Choice into the Employee Confidentiality Agreement

Replace Value Choice into the Employee Confidentiality Agreement

Aug 6th, 2022

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How to Replace Value Choice into the Employee Confidentiality Agreement

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welcome to the McNees intellectual property podcast series this podcast will address employee confidentiality and intellectual property agreements by Bruce Wollstonecraft attorney at law mr. Wolfson Croft is a member of the intellectual property and Patent groups of McNees every company or organization has confidential information which if shared with the competition could cause the company to lose its competitive edge and negatively impact revenue examples of confidential information include information and data related to business strategy and product development customer and vendor lists and company financial information such as profit margins and pricing strategies a recent survey stated that 87% of employees who leave a job take with them information or data that they created in the job and 28% took information or data that others had created 88% of those employees took corporate presentations which contain business strategy documents 31% to a customer list and 25% took other type

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What should be included in a confidentiality agreement?

The agreement should identify the purpose to which the recipient can put the confidential information. All other uses of the confidential information should be prohibited. Sometimes a confidentiality agreement states that no rights are licensed by the confidentiality agreement. This is stating the obvious.

What is a good confidentiality statement?

Here is a common example: CONFIDENTIALITY NOTICE: This message and any accompanying documents contain information belonging to the sender which may be confidential and legally privileged. This information is only for the use of the individual or entity to which it was intended.

What is the value of confidentiality agreement?

A good confidentiality agreement is an important tool for business and serves as an important deterrent to the disclosure of your companys confidential information. Failing to take precautions, like using a confidentiality agreement, could prove disastrous for your business.

What is an example of a confidentiality agreement for employees?

Employee agrees that he/she will never use any Confidential Information for his/her own benefit or for the benefit of any person or entity other than the Company, and will not permit or allow any Confidential Information to be used in competition with the Company.

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