An employee confidentiality agreement is a document that establishes that an employee will keep the employer's confidential, private, secret and proprietary information private and confidential and that such information will not be disclosed to the general public or outside third parties. Employee confidentiality agreements ensure that a company's private information and valuable knowledge stay where they belong, within the company. For many companies, employee confidentiality is vital to a company's competitiveness in its industry.
The competitive advantage that many companies have would be lost if their confidential information were to become openly available or if their employees were to leak the company's confidential information to its competitors. This document will help to prevent that from happening. It is important for an employer to have the agreement of their employees set forth in writing to assure that the employee understands their obligations and to avoid confusion. It is also important that the agreement set forth the penalties that the employee will incur in the event that they breach the terms of the agreement. The templates and samples in this section are customizable and can be tailored to fit the needs of the parties. Find samples of this important document here.