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Non Solicitation Agreement Template Beautiful Lovely Sample Of

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Lasting for 5 or even 10 years depending on the terms the landlord and tenant set, a commercial lease is usually much longer than a residential lease. A commercial lease will often list several people on the lease both as landlords or investors and the group that is renting the space. Each person that has a stake in the agreement should be listed.

The confidentiality agreement is in many ways the equivalent of a non_disclosure agreement in that it is intended to protect the company from the loss of any confidential information or intellectual property. While the two agreements may be similar in nature, you will find that the major difference between the two are the penalties should an employee breach the contract and divulge any confidential information. The more serious penalties are reserved for a confidentiality agreement and can result in criminal lawsuits and very large fines if not prison sentences.

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