The most prudent way to ensure ownership of your business of a trade secret developed by your employees is through the use of a written legal agreement. (In some circumstances, it is possible for an employer to acquire rights to a trade secret established by an employee, without written agreement, according to legal rules known as “Employed to Invent” and “Work made for Hire”. Two types of agreements work: an agreement signed before the employee starts working for you, or the other signed after work starts, called an order. An agreement signed during or after employment requires additional payment. This is due to staff working in key positions, including access to confidential information, such as.B. A company`s trade secrets that can be forcibly avoided by employees. In cases where the worker resigns, he or she takes away the confidential information in some way. This is a problem when a competitor can hire the worker and obtain the worker`s classified information, including the former employer`s customers and clients, giving the former employer a lesser advantage. Another consideration may be that the worker can start his own business, which can lead him to compete with the former employer, including stealing from customers who offer them a better deal at the expense of the former employer. A non-complete clause or agreement is one by which a party, normally a worker, agrees not to set up or create a similar business that may run against the employer and that helps protect the employer from such incidents. This simple PDF non-compete template guarantees any problems that may arise from the above cases. Use this PDF template for non-compete rules and modify it according to your wishes and affirmations.
1. For a period of sixty (sixty) months from the date of this Agreement, the Recipient shall be confidential and confidential and shall not disclose any proprietary information disclosed to the recipient of [Company Name] at any time between the date of this Agreement and twelve (12) months thereafter, and shall not disclose it to others, or use them for the benefit of the recipient or for the benefit of another. The recipient may only disclose to persons in its organization the protected information it has received under this Agreement if those persons (i) have a need to know and (ii) are required in writing to protect the confidentiality of such protected information. This paragraph 1 shall be maintained after the expiry or termination of this Agreement and shall bind the addressee, its staff, representatives, representatives, successors, heirs and addressees of the assignment. .