The main purpose of a Non-Disclosure Agreement (NDA) is, to protect the technical or commercial information of a Company so that it is not disclosed to third parties without prior authorization, as well as to prevent the loss of intellectual property rights arising from it.
By having an NDA, companies are safe of sharing the information provided to their staff for the development of their work activities, so that each employee undertakes not to share with third parties that information classified as confidential, which comes from business, research, knowledge, work plans, sketches, production processes, formulas, list of customers and Company suppliers; therefore, to carry out the subscription of an NDA per employee, allows the Company to have the security of protecting the information that allows it obtaining or maintaining a competitive or economic advantage against third parties in the performance of its economic activities, regarding which it has kept a confidential and restricted access to.
Sometimes we assume that not holding an NDA, only affects large companies; however, the confidentiality and protection of information, regardless of the business size, is essential because the information is the main asset of every Company; so not having a legal document that protects the confidential information of the Companies can turn out in loss of business, reputation, investment projects, assets, customers and suppliers.
In order to avoid any future risk or controversy, it is necessary to get the appropriate legal consulting to define a full Non-Disclosure Agreement that commits the companies’ personnel to protect their confidential information; therefore, our Firm is aware that each client has different needs, which is why it provides an information request questionnaire to define an NDA according to your business needs.
Under the foregoing, we are at your orders to provide you with our corporate legal assistance, which will improve the quality of your services and help you protect the information you provide to your employees for the development of their activities.