Protect your business secrets with ease using our customizable Oregon non-disclosure agreement template. Save time and hassle while ensuring your sensitive information, such as trade secrets and intellectual property, stays confidential.
An Oregon non-disclosure agreement (NDA) is a legal contract that safeguards confidential information shared between parties. This confidentiality agreement prevents employees, former employees, and independent contractors) from using the disclosed information without permission.
An Oregon non-disclosure agreement allows you to prevent parties from sharing confidential information, such as trade secrets, proprietary information, or sensitive business strategies. Companies often ask prospective employees to sign an NDA alongside their employment contract.
Oregon law, like the Oregon Uniform Trade Secrets Act, govern the legal framework surrounding non-disclosure agreements in Oregon. Read up on these governing laws to learn more about preventing unauthorized disclosure.
In Oregon, 'trade secrets' refer to valuable, confidential business information that derives economic value from not being generally known. Examples may include formulas, designs, customer lists, and marketing strategies.
Attention to detail and clear language are crucial to creating an airtight Oregon non-disclosure agreement. Follow these steps when writing your mutual or unilateral NDA:
The duration of an NDA can vary. It may be for a specific period or continue indefinitely, depending on the disclosing party’s needs.
Yes, electronic signatures are acceptable when signing NDAs in the state of Oregon.
Yes, an NDA can include such provisions to cover both present and future sensitive information exchanged between the parties.
It should define confidential information, such as trade secrets or proprietary information, identify both parties, and state the duration of the agreement, including any exclusions or specific information. It should also detail potential disclaimers or waivers.
NDAs can’t prevent parties from disclosing information relating to unlawful employment practices, prohibited discrimination, or instances of sexual assault.
If a party breaches the NDA without written approval, the other party can seek legal remedies, such as injunctive actions or damages as per Oregon state laws. Seek legal advice from a law firm in Portland or elsewhere for further information.
Formswift is not a law firm and does not provide legal advice or representation. Formswift's documents are not a substitute for the advice of an attorney. Communications between you and Formswift are governed by the Formswift Privacy Policy but are not protected by the attorney-client privilege or as work product. Formswift does not provide advice, opinions, or recommendations about individual's legal rights, options, strategies, or the selection of forms. Your use of the Formswift website and forms is governed by the Formswift Terms of Service.
