This is a confidentiality agreement to be used when two law firms merge. This particular agreement is to be used when the two firms are negotiating a merger, and includes clauses that prohibit the hiring of the other firm's partners or emplyees during negotiations. The agreement also states that the negotiations are not exclusive, and each firm is free to negotiate with other firms during the period prescribed in the agreement.
Georgia Confidentiality Agreement
Category:
State:
Multi-State
Control #:
US-L08021A
Format:
Word;
PDF;
Rich Text
Instant download
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How to fill out Confidentiality Agreement?
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FAQ
A confidentiality agreement should include a clear definition of the confidential information, scope of the agreement, obligations of the receiving party, the duration of the contract, any exceptions to confidentiality, and the consequences of a breach of the contract.
Most standard NDAs follow this format: Introduction. Definition of confidential information. How to handle confidential information. Exclusions from confidential information. Obligations of receiving party. Duration of agreement. Resolving disputes. Integration.
The law makes it illegal to enforce an NDA that would prevent a sexual harassment or assault victim from speaking out about their allegations. The law makes it clear that it applies to any claim that is filed after the date that the bill was signed into law, regardless of when the NDA was dated.
In California today, NDAs still carry validity and soundness in court so long as they are executed precisely, legally, and firmly; however, there are some circumstances in which an NDA may not be upheld due to SB820 and the expansions formed in SB331 (discussed above).
While Washington and California have passed Silenced No More Acts, other states, including New York, Illinois, New Jersey and Oregon, have enacted their own NDA-narrowing provisions that cover all forms of employment discrimination.
You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.
In the interest of encouraging fair competition among businesses, the law allows businesses to execute and enforce NDAs as long as they do not unfairly restrict the freedom of the employee.
NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information. A confidential relationship means one or both parties has a duty not to share that information.