When you’re dealing with trade secrets and other sensitive Internet business information, you’re going to want your employees and independent contractors to sign binding confidentiality agreements. This type of contract, also known as a nondisclosure agreement (NDA), is used to identify what information you’re sharing constitutes confidential information, the other party to the agreement acknowledges that he will not be disclosing the information to anyone, and the agreement provides you with legal remedies in case the agreement is breached by unauthorized disclosure.
A confidentiality agreement can be its own contract or it can be part of another agreement, such as a non-compete agreement or a client non-solicitation agreement. Whether you’ll incorporate it into another contract or have it as a separate agreement, the nondisclosure agreement is essential to protecting your e-commerce company’s important data.
Your Internet lawyer can help you determine the best way to protect your Internet business’ trade secrets.