Texas Nondisclosure Agreements

Texas business nondisclosure agreements are contracts where one or more parties agree to keep secret certain information. A nondisclosure agreement can be an independent contract or the provisions can be part of a larger agreement, such as an employment contract or an agreement to buy a company. From tech trade secrets to customer lists, there are many topics that one can agree not to disclose to others.

If your Texas company wants to enter into a nondisclosure agreement, remember the handshake rule. If you wouldn’t trust the person to honor a nonbinding “gentlemen’s agreement” agreed to with a handshake, chances are high that you’ll end up in court trying to enforce your rights under the nondisclosure contract. In nondisclosure breach cases, your damages are often high because the confidential information has already been used against you by the time you head to court to enforce your legal rights.

Quite frankly, putting the nondisclosure provisions in a contract serves the primary purpose of letting the other party know how important you view the data as confidential and that you intend to protect your legal rights. Your Plano business lawyer will be able to draft contract language that makes this clear. That will deter some from ever crossing you by leaking the information or otherwise using it in violation of your contract.

About the Author

With an advanced international law degree from Georgetown University and more than 14 years of real world legal experience, Attorney Mike Young shows Texas entrepreneurs how to protect and grow their businesses.
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