| What would be your reaction, if you find that, your | | | | contains clauses and provisions for safeguarding the |
| employee is sharing your trade secrets with your | | | | trade secrets of the company by the employees. It |
| competitors? If you come across any instances | | | | is also legally, binding on both the employer and |
| where your employee is leaking out your trade | | | | employee. The agreement also stipulates the rights |
| secrets, you would be worried and may loose your | | | | and duties of the employees, during his /her tenure |
| business to your competitors. | | | | with the company. |
| These reasons make it necessary to enter into | | | | The contract also stipulates and bound the employee |
| Employee Confidentiality Agreement with the | | | | for maintaining confidentiality and non-disclosure of |
| employee. The clauses and provisions in the | | | | company secrets, inventions, intellectual property |
| agreement bind the employee and, prevent him from | | | | rights, invention ownership, trade secrets, legal issues |
| leaking out trade secrets of the company to the | | | | and company information to any third person, |
| third party or rivals. | | | | competitor or any other business or rival entity. If |
| Employee Confidentiality Agreement | | | | the employee breaches the contract, then he can be |
| Employee Confidentiality Agreement can be defined | | | | removed from the service of the company or may |
| as a written legal document, drawn between the | | | | face legal action from the company, for disclosing the |
| employer and employee of the company, which | | | | secret of the company to third party. |