In the meantime, confidentiality agreements are usually the preferred terminology between parties who are on an equal footing, for example. B between an undertaking and an independent contractor or supplier. Are there cases where it may be the person and not the company that wants a confidentiality agreement? Absolutely. For example, if you`re an inventor and you`re looking for investors who fund your project to make your idea a selves come true, you might like investors to sign confidentiality agreements to make sure they don`t steal your ideas for themselves or share them with other inventors. Assuming that the inventor does not have access to sensitive investor information, such as for example. B finances, etc., a unilateral agreement is generally acceptable. Ultimately, the name you choose for the document, confidentiality agreement or confidentiality agreement is more a matter of preference than anything, since what really matters is the content of the agreement, not so much the name. Other companies, like Apple, require their employees to sign NDAs based on trade secrets and proprietary information about their valuable products. If parts of their computer code came out, competitors could take advantage of it. The details of the upcoming new iPhone features are equally sensitive aspects of their business.

Employees even need to sign an NDA that allows them to see another NDA containing a project code name, in order to protect the very confidentiality of the project name. A unilateral agreement is reached when a party is held accountable for not disclosing or disclosing sensitive information. At Lindley Law, all employees sign a confidentiality agreement regarding customer information. In addition to the confidentiality between the lawyer and the client, it is important for the relationship between the lawyer and the client that we respect confidentiality so as not to compromise or compromise our clients. When it came to Harvey Weinstein, employees of his company had to sign NDAs that prevented them from making statements that could damage the reputation of the executives or the company itself. In some circumstances, these NDAs were signed in conjunction with comparisons of sexual harassment. In such cases, the aggrieved party agrees not to enter into a dispute or to discuss the details of the settlement agreement for a sum of money. The money of silence, if you will. Any confidentiality agreement is worth absolutely nothing, unless you have a lot of money to enforce it and the parties are in the same jurisdiction.

If the aggrieved party violates the NDA by disclosing details it protects, the other party may bring an action for an injunction to stop the disclosure of the information and claim financial damages. If this includes a bundle of Hollywood strength with seemingly infinite influence and money, there`s a lot of fear of hurting an NDA.