Memorandum Sample
MEMORANDUM
Employee Non-Disclosure Agreement
This employee non-disclosure agreement is made and entered into as of the date of grant set forth below.
BETWEEN:AAA SMART MOVER, referred herein as corporation, duly organized and registered under the Philippine Law with complete address at 123 NAC Tower Gamo Street, ZXC City.
AND:Jill Reacher, referred herein as employee, with complete address at 111 ORE Street ASD City.
WHEREAS:Non-disclosure agreement is a written legal contract between an employer and employee;
WHEREAS: The Non-Disclosure Agreement lays out binding terms and conditions that prohibits employee from disclosing company confidential and proprietary information;
WHEREAS:The Non-Disclosure Agreement is in effect for the duration of an employee’s employment and for a period;
NOW THEREFORE, BOTH the Company and the Employee agreed by the agreement set forth herein.
CONFIDENTIALITY:
Strictly confidential and subject to the terms of this Agreement.
Other than in connection with the performance of our services pursuant to the Engagement Letter, neither WE nor any Representatives will make disclosure of our review of interest, without the company’s prior written consent, and further agree that no information regarding the company will be used by us or any representatives in any manner which might be construed by the company to be competitive with, or detrimental to its existing or projected business operations or any trade secrets.
Information concerning company’s business, financial information, business profits and plans, product know-how, research project and development, supplier’s information, information concerning employees including their salaries, skills and strengths and weaknesses etc.
I agree that I shall not during, or at any time after termination of my employment with the Company, use for myself or others or disclose or divulge to others including future employees, any trade secrets, confidential information or any proprietary data of the company in violation of this Agreement.
USE: Non-Disclosure Agreement state that Employee cannot disclose or in any way profit from company confidential information supplied.
TERMINATION: The agreement shall terminate One (1) year the effective date of this Agreement.
OWNERSHIP:
Company shall be sole owner of the information and all other materials.
Employee shall return to the company all documents and property including but not limited to drawings, blueprints, reports, manuals, correspondence, computer programs and all other materials and copies thereof relating to company business. Or obtained during the course of employment.
Employee agree not to retain copies, notes or abstracts of the foregoing.
APPLICABLE LAW: This agreement shall be governed as to validity, construction and performance by the Law of the State, without regard to principles of conflict of laws and shall constitute full agreement between the parties. No modification or alterations to any provision of this agreement shall be binding unless approved in writing and signed by both parties.
INDEMNIFICATION: Employee agrees to indemnify company against any and all loses, damages, claims or expenses incurred or suffered by company as a result of breach of this agreement.
SEVERABILITY: If any court determines that any provisions of this agreement is invalid or unenforceable, any invalidity or unenforceability will affect only that provision and will not make any other provision of this agreement invalid or unenforceable and this agreement shall be modified, or limited only to the extent necessary render it valid and enforceable. In the event that any provision of the agreement is void, illegal or unenforceable in whole or in part, the remaining provision or parts shall remain in full force and effect.
TERMINATION OF AGREEMENT: Agreement is terminated by company within written notice of 15 days.
I hereby certify that I read the non-disclosure agreement described above and I am familiar with the directives and policies governing the disclosure of procurement sensitive information. I will fully and completely observe these directives and will not disclose such information to any unauthorized person, or use any information obtained for private use or gain including subsequent to the performance of duties under.
SIGNATURES: Employee has carefully read all information and agree that all restrictions set forth are fair and reasonably required to protect company interest. Employee shall be furnished with copies of the agreement which are signed by the parties.
IN WITNESS WHEREOF, the company has caused this agreement to be signed by a duly authorized officer, and participant has affixed signature thereto.
COMPANY NAMEEMPLOYEE
BY: ______________________________________________________
Name: _______________________Name: ________________________