Illinois Non-Disclosure Agreement Template

An Illinois non-disclosure agreement (NDA) is a contract used for preventing employees, business associates, patients, or other individuals or companies from disclosing confidential information to outside parties. These agreements come in two (2) variations:

Unilateral: Also called a one-way agreement, this type of NDA is used when confidential information will be disclosed by one (1) party and learned by another.
Bilateral: Otherwise known as a mutual or two-way agreement, this type of NDA is used when both parties will be disclosing secret information to one another. This situation is less common and is mostly used in business environments.

The form offered for download can be made unilateral or bilateral depending on the options selected.

Laws

Chapter: 765 ILCS 1065
Definitions: § 765 ILCS 1065/2
Statute of Limitations (§ 765 ILCS 1065/7): Cases of misappropriation need to be brought within five (5) years after discovering trade secrets were disclosed.