A confidentiality agreement is a legal contract between a potential client and the employees they hire. It protects confidential information about the Principal that employees learn as part of their daily business. They are often used by the most valuable families (and organizations) to protect private or sensitive information.
Employees such as domestic workers can access confidential and proprietary information. Personal information, family information, business information, design process, approval, client list, etc. Both need protection. Make sure your employees are prevented from going out and revealing your valuable information to the world.
In general, there are 5 reasons why your employees or subcontractors should sign an NDA (Confidentiality Agreement) / CDA (Disclaimer Agreement) / or CA (Consent Agreement).
1. Outlines exactly what information must be kept confidential.
2. States how long data must be kept confidential.
3. Gives you legal protections and options to manage the protection of your family (and business) information.
4. Prevents the intentional or unintentional disclosure of confidential information and protects your company from adverse business effects.
5. Establishes trust