Why Would I Want to Sign a Confidentiality Agreement in Pennsylvania?
A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a legal contract that is entered into between at least two parties, and outlines certain confidential information that the parties share with each other for certain purposes, but do not wish to have third parties access. Under the contract, the parties agree they will not disclose the information covered by the agreement. These agreements can restrict both parties in their use of the information, or they may restrict the use of the information by a single party.
Typically, these types of agreements are entered into for business arrangements, but in certain circumstances, a married couple may sign a confidentiality agreement in Pennsylvania. For example, if the couple ran a business together, or if one spouse was in the public eye, signing a confidentiality agreement during the marriage may be desirable.
In general, information that is covered by an NDA may include the following:
- Intimate details regarding a spouse’s behavior or habits
- Divorce settlement details or information about other agreements
- Certain incidents that occurred during the marriage
- Research, development, products, or inventions of a spouse or both parties
- If a business is jointly- or solely owned, business practices followed
No matter the reasoning behind needing a confidentiality agreement, it can help protect you while you focus on navigating through the complexities of divorce. Any divorce is complicated, and some cases can be made even more so when contracts are involved. Sheryl R. Rentz, Philadelphia divorce attorney, can help you through your divorce any other contract issues that may arise. To learn how Ms. Rentz can help protect your legal rights, call The Law Offices of Sheryl R. Rentz at 610-645-0100 today.