Non Disclosure Agreement Saskatchewan
Non Disclosure Agreement Saskatchewan
As with all contracts, a confidentiality and non-disclosure agreement requires each party to provide binding consideration. Consideration is something of value, such as money or, in the context of employment, the employer`s promise of employment and the employee`s promise to provide a service. An employer could require a potential employee to seek independent advice to determine that the agreement was entered into freely. At the very least, the potential employee should have sufficient time to read and understand the contract before having to sign it. Whenever sensitive information needs to be exchanged between two parties, it makes sense to use a confidentiality or non-disclosure agreement. This agreement will help formalize the relationship and provide remedies if confidential information is disclosed. This type of agreement describes confidential and proprietary information to the employer. It ensures that the employer`s property and information cannot be used or disclosed by the employee outside of the employment relationship. It is a way to clarify what confidential information is and limit how an employee can use it.
A confidentiality and non-disclosure agreement is often used between an employer and an employee to protect the employer`s proprietary business information. A confidentiality and non-disclosure agreement may also contain clauses about the employer`s and employee`s property rights with respect to new inventions, improvements to existing products, etc. Sometimes this is part of a written employment contract, but it can also be a separate contract. These agreements are also useful in the event of a dispute. Ask for clarification if you do not understand the terms or definitions. If you`re still unsure, a lawyer can help you interpret the contract to see if it`s an agreement you`re willing to sign. In addition to these basic features, many such agreements contain more technical provisions that address the legal parameters of the contract. For example, a clause could stipulate that the confidentiality and non-disclosure agreement is part of the employment contract between the employer and the employee. Other technical provisions separate an ineffective clause from an otherwise valid contract and establish jurisdiction for disputes relating to the contract. Intellectual property (including computer technology): All information relating to the creation and sale of a product or service, such as copyrights, patents and trade secrets.
Naturally, employers who have invested a lot of time and resources in their employees want to be sure that if they leave their jobs, they will not be able to unfairly exploit the knowledge they have gained and use it to the detriment of their former employers. Customer Information: Customer names and contact information, as well as a brief description of the products and/or services purchased, rented, licensed or received by a person or company. Marketing, Product and Service Information: Information about marketing or product or service development, such as production processes, research, pricing and billing policies, and marketing techniques such as advertising. Inventions: When inventions such as products, recipes or designs are communicated in the context of a professional relationship. The only Harvard station in Saskatoon is Wired 96.3 FM, which competes directly with Rawlco`s radio stations, which include C95 FM and NewsTalk 650 CKOM, as well as Rock 102 FM. It can be difficult to get through dense text, but you should research these three things before signing: business operations and accounting information: employee and employer names and contact information, purchasing information and internal costs, and any information related to payroll and other financial reports. An NDA can be used in a variety of situations, such as .B. in the following scenarios: To this end, Rawlco brought an action and sought an injunction under Rule 387A of the Queen`s Bench Rules that prevents respondent Rob Lozinski from: Business Transactions: When buying or selling a business, information about employees, trade secrets, customers and other related information (such as profits and losses) is disclosed to a buyer or seller.
Within certain narrow limits, restrictive covenants can be used successfully to protect a company from the competitive threat posed by former employees. A contract of employment that purports to restrict the employee`s activities after the end of the employment relationship is enforceable if the former employer can demonstrate that the restriction is justified and proportionate to its extent. However, contractual restrictions which constitute a complete restriction on trade or which do not protect a legitimate pecuniary interest of the employer shall not be maintained […].