Trade Secrets Non Disclosure Agreement Template

Protect your privacy with our free non disclosure agreement template.

Trade secrets non disclosure agreement template. Non disclosure agreement nda template sample. A non disclosure agreement nda or confidentiality agreement is a legally binding contract which protects trade secrets or other sensitive information from being revealed. An nda is a legally binding contract between parties that requires them to keep certain information confidential. Trade secret means all information possessed by or developed for the releasor to which all of the following apply. The trade secret non disclosure agreement is a unilateral nda used to protect the confidentiality of a company or individual s trade secrets and confidential information.

During and prior to the term of this agreement executive has had access to and became familiar with and will have access to and become familiar with various trade secrets and proprietary and confidential information of the company and its affiliates including but not limited to processes computer programs compilations of information records sales. It is sent to those persons or companies who have breached the nda or violated trade secret laws for example a competitor who has bribed an ex employee to breach the nda. The non disclosure agreement sometimes shortened as nda is also known as a trade secret agreement or a confidentiality agreement. The confidential information is defined in the agreement which includes but not limited to proprietary information trade secrets and any other details which may include personal information or events. The trade secret non disclosure agreement is for use when you seek to protect one or two specific trade secrets.

A cease and desist letter for a non disclosure violation is the first volley in a trade secret dispute. A trade secret may consist of any formula pattern physical device idea process a compilation of information or other information that is both of the following. Non disclosure agreements are legal contracts that prohibit someone from sharing information deemed confidential. Currently the sharing of a company. Whether you are the disclosing party or the recipient of the information it is important to keep in mind that the respect the confidential information at all times and.

Non disclosure of trade secrets. I the information derives independent economic value from not being generally known and ii the releasor takes reasonable precautions to prevent such information from being disclosed and released to the. The trade secret non disclosure agreement nda template will present several items concerning a company s confidence when it shares sensitive information with a recipient party. And b it is treated. A trade secret is information which derives economic value from its secrecy while confidential information is any information that the releasor does not wish to have disclosed to a third party.

Below is a simple template for a trade secret cease and desist letter.