About this document:
The objective of this document is to get a signed declaration from an outgoing employee acknowledging his obligations about non-disclosure of confidential information and responsibility to participate in knowledge transfer upon termination of the employment arrangement;
Once an employment contract terminates, it is difficult to restrain outgoing employees from spilling over the confidential information upon joining another establishment;
Knowledge transfer is another important aspect where cooperation of an outgoing / former employee is required for the smooth continuance of the business particularly handled by the said employee;
One essential pre-requisite of this document is that the employee should be bound by confidential covenants through the employment contract.
Who will use this document?
Anyone wanting to protect the information from spilling further or an idea when an employee, who has been a privy to important confidential information, leaves the Company;
Key features:
· flexible to suit peculiar situations;
· language that impresses;
· explanatory notes to help with finer drafting points;
· compliance with appropriate legal provisions;
This document includes provisions for:
· Confidentiality obligations;
· Comprehensive declaration;
· Reasonableness;
· Warning about a court action;
