Massey Law Firm PLLC

How an NDA may help your business

If you are the owner, manager or executive of a company in Texas you will likely be interested in knowing how you can ensure your business' confidential information can be secured and protected. There may well be data that your competitors would love to have access to that you need to keep secret. You may also have regulatory requirements on what you can share with who, when and why. These are just some of the reasons you may want to develop and use nondisclosure agreements in a variety of situations including with some of your employees.

As the name implies, nondisclosure agreements include provisions about keeping certain information private. They are also often called confidentiality agreements for this reason. However, as explained by Forbes, the requirement to hold secret or not disclose certain information is only one part of what a good NDA may do for your business.

Another component to the scope of a confidentiality agreement important for you to consider is that any information you share with another party should not be used by that party to benefit themselves or their interests. This is something that you may want to clearly stipulate in your contracts in addition to the term of the agreement and the exact information or methods of communication that will be covered by the contracts.

If you would like to learn more about how you may best protect your company's sensitive information, please feel free to visit the nondisclosure agreement page of our Texas business and contract law website.

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Massey Law Firm PLLC
601 Sawyer St.
Suite 225
Houston, TX 77007

Phone: 346-800-6101
Fax: 713-588-8437
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