By Paul Clevenger | Published January 15, 2021 | Posted in Employment Law | Tagged Tags: disclosure, nondisclosure agreement, protected information, survival clause | Comments Off on What Are the Essential Components of a Nondisclosure Agreement?
A nondisclosure agreement, often just called an “NDA,” is a contract that requires parties to keep specific information confidential. Nondisclosure agreements are often used in employment relationships to keep employees from sharing trade secrets and other proprietary data with the employer’s competition. NDAs are also commonly used to protect personal customer or patient information and Read More
Read MoreOil price volatility is back in a big way as the global economy tries to dig its way out of COVID-19 shutdowns. Business reopenings are driving demand, which, when coupled with controlled production cuts by OPEC, could send oil prices higher in the latter parts of 2020. Not surprisingly, a volatile environment with rising prices Read More
Read MoreOil and gas investment scammers continue to prey on the general public, using high-pressure sales tactics to try to get investors to part with their money before they have the chance to think carefully. You can minimize your risk of being swindled by asking challenging questions to anyone trying to sell you on an oil Read More
Read MoreTexas is an at-will employment state, which means employees can quit anytime and employers can fire employees for any reason or no reason at all as long as it’s not an illegal reason (like discrimination). In this environment, questions often arise about whether such employees can be forced to abide by the terms of non-complete Read More
Read MoreTexas courts have long been battlegrounds for parties fighting over the enforceability of noncompete agreements. However, non-disclosure agreements (NDAs) have caused far less controversy. This is probably because non-disclosure agreements aren’t viewed as restraints on trade, nor do they typically prevent a former employee from working for a competitor. Even so, non-disclosure agreements do have Read More
Read MoreIf you have successfully sought a judgment in a Texas court against a delinquent debtor, you may be wondering when you’ll receive your payment. The truth is, however, your work is only just beginning. Enforcing your judgment can be even more difficult than winning it. Texas has long been known as one of the most Read More
Read MoreAttorneys’ fees have been a hot topic over the last few years, with the Texas Supreme Court and several lower courts weighing in. The question of whether one party should pay another’s legal fees is particularly relevant in commercial litigation, where teams of lawyers may spend thousands of hours on a case, running up extensive Read More
Read MoreSmall business owners are necessarily prepared for various types of challenges, but what do you do when the government orders you to close for an indefinite amount of time? Unfortunately, the COVID-19 pandemic has put millions in this very difficult position. Even worse, it is still unclear in many places when authorities will allow businesses Read More
Read MoreMost business owners know that relationships are the key to company growth, so they focus on building strong ones, particularly with customers and clients. That includes relationships with accountants, bankers and, yes, even lawyers. Whether you’re the entrepreneur of a startup or a seasoned executive running an established company, a strong relationship with a business Read More
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