Business owners and managers in Texas frequently must engage in conversations with others in which sensitive business information may need to be shared. Before doing this, it is wise to draft up a special contract designed to keep such information from getting into the wrong hands or in any way being used against their business. This is called a nondisclosure agreement or a confidentiality agreement.
As your business in Texas continues to grow steadily, you have begun to weigh your options for hiring and recruiting. Are there ways you can encourage your employees to be loyal and work hard? Are there things you can do to secure the confidentiality of sensitive information and intellectual property? One of the things you may have considered is implementing an employment contract that new hires will sign upon being offered a job. Understanding the requirements of this beneficial and important agreement may help you to better articulate content that suits the unique needs of your organization.
At your Texas business, you have the option to terminate employees at will, as long as your decision is not based on discrimination, retaliation or some other illegal reason. Your employees also have the right to leave the job at any time.
At the Cortez Law Firm, PPLC, we understand how important contracts are to the success of Texas businesses. Any important terms left out or written unclearly could cost you, so it is important to ensure that you have all the elements necessary for an effective agreement.