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Non-disclosure Agreement Template - Washington
Washington Non-Disclosure Agreement: What is it?
If you work for the company that owns proprietary information and works with intellectual property, inventions, designs, formulas, and sensitive financial records, you need an enforceable contract to outline the details of a relationship with people and organizations that get access to these details - prepare and sign a Washington Non-Disclosure Agreement .
With the help of this agreement, you will be able to forbid the unauthorized release of the data you have all the rights to - the contract can be unilateral if you are asking your current or former employee to keep the information confidential or mutual if you and your business partner are agreeing not to share the data with third parties.
A Washington Non-Disclosure Agreement Template can be downloaded through the link below.
Washington NDA: How to Make?
Follow these steps to compose a valid Washington NDA:
- List the personal details of the parties - their full names, physical addresses, phone numbers.
- Describe the information that will be given legal protection via the NDA in question . You must avoid vague wording - make sure the parties are given sufficient time to analyze what sensitive data is included in the contract before it is signed. Besides, it may be a good idea to exclude certain details from the agreement - for instance, the recipient of the information cannot be liable for the disclosure of data if it is already known to the general public.
- Indicate the duration of the NDA . The disclosing party may wish to draft a contract that gives their confidential information indefinite protection - yet, most industries develop and share data that is no longer valuable after several months or years so do not oblige your counterpart to adhere to the terms of the agreement forever without a good reason.
- Outline the process of notifying the other party about the contract violation you have discovered before you file a formal lawsuit claiming damages . It may be better to resolve the issue without a trial - decide how to inform the counterpart about your demand to put an end to the disclosure and request compensation for the financial harm your organization was already subjected to.
- Sign the papers and write down the actual date . You are entitled to add an extra level of protection to your deal by appearing in front of a notary public.
Still looking for a particular template? Take a look at the related templates below:
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