Non-disclosure Agreement Template - Colorado

Colorado NDA: How to Make?

While it is possible to insert a confidentiality provision in another document which is done often when the employee leaves the company they worked for or the contractor is no longer bound by the terms of the agreement signed with the client, it is advised to compose a separate contract to be able to describe the details of the agreement in detail. Follow these steps to draft an effective Colorado NDA that will include all the essential elements to be deemed legally binding by authorities and courts:

1. Enter the names and addresses of the parties - the disclosing party and the recipient.
2. List the details covered by this contract. It is also necessary to mention the information excluded from the agreement - for instance, the details that become public knowledge through no fault of the recipient are no longer considered confidential. You may elaborate on the professional relationship you have shared or continue to share - in many cases, an employer and an employee work together developing new marketing strategies or manufacturing procedures the latter must keep secret from all third parties interested in them.
3. Indicate the timeframe of the confidentiality - most agreements of this kind expire within 5 or 10 years but you may negotiate a shorter or longer duration or even state the confidentiality is indefinite.
4. Record the obligation of the person or company that received confidential information not to be employed or collaborate with your competitors or work in the same industry or location that you do if you believe a non-compete clause is necessary to protect your rights.
5. Sign the papers before a notary public to verify the identities of the parties.

Still looking for a particular template? Take a look at the related templates below:

• (Generic) Non-Disclosure Agreement Template;
• Employee Non-Disclosure Agreement Template;
• Mutual Non-Disclosure Agreement Template.