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Employee Termination Confidentiality Agreement for New Zealand

Employee Termination Confidentiality Agreement Template for New Zealand

A New Zealand-compliant legal agreement designed to protect an organization's confidential information, trade secrets, and intellectual property following the termination of employment. This document establishes clear obligations for departing employees regarding the non-disclosure and non-use of confidential information acquired during their employment, while ensuring compliance with New Zealand's Employment Relations Act 2000, Privacy Act 2020, and other relevant legislation. It includes provisions for the return of company property, defines the scope and duration of confidentiality obligations, and outlines remedies for potential breaches.

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What is a Employee Termination Confidentiality Agreement?

The Employee Termination Confidentiality Agreement is a crucial document used in New Zealand employment contexts when an employee's employment relationship is ending, whether through resignation, redundancy, or other circumstances. This agreement is particularly important for organizations that need to protect sensitive business information, trade secrets, customer data, and intellectual property after an employee departs. It builds upon any existing confidentiality obligations in the original employment agreement but provides more specific and comprehensive protection tailored to the post-employment context. The agreement must comply with New Zealand employment law principles, including the Employment Relations Act 2000 and Privacy Act 2020, ensuring that confidentiality requirements are reasonable and do not unfairly restrict the employee's future employment opportunities. It is typically presented during the termination process and forms part of the formal separation documentation.

What sections should be included in a Employee Termination Confidentiality Agreement?

1. Parties: Identifies the employer and the departing employee who are entering into the agreement

2. Background: Explains the context of the agreement, including reference to the employment termination and the employee's access to confidential information during employment

3. Definitions: Defines key terms including 'Confidential Information', 'Trade Secrets', 'Intellectual Property', and other relevant terms

4. Acknowledgment of Prior Obligations: References existing confidentiality obligations from the employment agreement and confirms their continuing effect

5. Scope of Confidential Information: Detailed description of what constitutes confidential information covered by the agreement

6. Confidentiality Obligations: Specifies the employee's obligations regarding non-disclosure, non-use, and protection of confidential information

7. Return of Company Property: Requirements for returning all company documents, data, and materials containing confidential information

8. Duration of Obligations: Specifies how long the confidentiality obligations remain in effect

9. Permitted Disclosures: Outlines circumstances where disclosure is permitted (e.g., legal requirements, whistleblowing)

10. Breach and Remedies: Describes consequences of breach and available remedies

11. General Provisions: Standard contract clauses including governing law, entire agreement, and severability

What sections are optional to include in a Employee Termination Confidentiality Agreement?

1. Non-Disparagement: Optional clause preventing parties from making negative statements about each other, used when there's concern about potential reputational damage

2. Future Cooperation: Optional section outlining any requirements for the employee to assist with transition or future inquiries, used when the employee held a key position

3. Reference and Announcements: Optional section addressing how the departure will be communicated and what references will be provided, used when parties want to agree on public messaging

4. Survival of Other Obligations: Optional section specifically addressing other post-employment obligations that survive termination, used when there are other relevant agreements in place

5. Third Party Information: Optional section specifically addressing confidential information belonging to clients or business partners, used when the employee had access to third party confidential information

What schedules should be included in a Employee Termination Confidentiality Agreement?

1. Schedule 1 - List of Confidential Information: Detailed inventory of specific confidential information, trade secrets, and proprietary information the employee had access to

2. Schedule 2 - Company Property Checklist: Itemized list of physical and digital company property to be returned

3. Schedule 3 - Acknowledgment of Return: Form to be signed confirming return of all company property and confidential information

4. Appendix A - Existing Confidentiality Provisions: Relevant excerpts from the original employment agreement or other confidentiality agreements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

New Zealand

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions

























Clauses



























Relevant Industries

Technology

Financial Services

Healthcare

Professional Services

Manufacturing

Research and Development

Retail

Telecommunications

Biotechnology

Education

Legal Services

Mining

Energy

Construction

Media and Entertainment

Relevant Teams

Human Resources

Legal

Information Technology

Research and Development

Executive Leadership

Sales

Finance

Operations

Marketing

Product Development

Customer Service

Business Development

Engineering

Administration

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Senior Software Engineer

Research Scientist

Product Manager

Sales Director

Financial Controller

Human Resources Manager

Legal Counsel

Operations Manager

Business Development Manager

Marketing Director

Project Manager

Data Analyst

Systems Administrator

Account Manager

Research and Development Director

Department Head

Executive Assistant

Technical Lead

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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