Non-disclosure Agreement Template - Kentucky

Kentucky NDA: How to Make?

Follow these guidelines to compose a Kentucky NDA will all the essential elements:

1. Identify the parties to the agreement - the disclosing party and the recipient of the information - by their full names and addresses.
2. Consider what is considered "confidential information" in line with the terms and conditions of the agreement . It will be different and unique depending on your situation - internal records of the company, marketing strategies, patterns, designs, formulas, and client lists. Moreover, you need to specify whether this arrangement involves mutual obligations or it is unilateral - for example, two organizations that work together may want to indicate the provisions of the NDA are mandatory for both parties while an employee leaving the employer will have a unilateral responsibility to keep the information secret.
3. Determine the duration of the non-disclosure period . It may be tempting to ask for indefinite protection; however, if the data you are protecting will no longer have value in several years in an ever-changing industry, you may opt for a shorter term of the contract.
4. Make the receiving party promise they will not seek employment with your local competitor if you are letting an employee go - this is called a non-compete clause . Note that in this case, you may have to pay them compensation since the individual is missing an employment opportunity.
5. Sign the papers in the presence of a notary public . They will verify your identity and confirm the intention to sign the deal is mutual and there is no duress or deceit. Additionally, a notary seal under a document of this kind makes it harder to challenge the NDA if either party decided to dispute the terms later on.

Haven't found the template you're looking for? Take a look at the related templates below:

• (Generic) Non-Disclosure Agreement Template;
• Employee Non-Disclosure Agreement Template;
• Mutual Non-Disclosure Agreement Template.