At one point during your professional career, you may be asked to sign an NDA. This stands for “non-disclosure agreement.” These agreements are common and as a result, it is important to understand their implications. Read on to learn more about non-disclosure agreements in the Georgia workplace.
What is a non-disclosure agreement?
A non-disclosure agreement is a legal document that is created in order to protect sensitive information pertaining to a company. Employers will use NDAs to protect the following:
- Trade secrets
- Information about new products or services
- Sales or marketing plans
- Client information
When are NDA’s used?
NDA’s are commonly utilized under the following circumstances:
- Upon providing information to a reporter who is writing about the business
- Upon hiring a new employee that will have access to confidential information
- Sharing a trade secret
- Starting a business relationship between an attorney and a client or a doctor and a patient
- Business plans or plans for a new product
Can my employer require me to sign an NDA?
It is legal to require employees to sign a non-disclosure agreement in most circumstances. There is a good chance that an agreement is sound and necessary when it comes to protecting a business if your employer will be doing any of the following:
- Giving you access to private information
- Sharing trade secrets
- Introducing plans for their business
However, if you are worried that this agreement is not valid, reasonable, etc. it is important to confer with an experienced employment lawyer.
What happens if I violate an NDA?
If it is found that you have violated an NDA that you signed, your employer can take legal action against you. This will generally involve hefty financial penalties. If you are worried about violating an NDA agreement, it is important to reach out to an experienced attorney. An attorney can help ensure the agreement is fair, make sure you understand it fully, and defend you in the event that you violate the agreement.
If you have any additional questions or concerns about non-disclosure agreements, our firm is here to help. Reach out today to discuss.
CONTACT OUR EXPERIENCED GEORGIA FIRM
To discuss your employment law case with a legal team you can trust, please do not hesitate to contact Ben Barrett Law today.