California Non-Disclosure Agreement Template
A California non-disclosure agreement (NDA) is a legal document that protects a company’s important and valuable knowledge from getting into the wrong hands. Customarily, it is signed between a person that discloses information and a the entity that will be learning it. However, it can also be used in mutual cases where both parties will be disclosing secrets to each other.
It’s used in a wide range of scenarios to protect information from being exposed, including discussing business mergers, pitching newly developed technology to investors, or hiring new employees.
Laws
- Laws: Title 5, “Uniform Trade Secrets Act”
- Statute of Limitations (§ 3426.6): 3 years
- Definition of “Trade Secret” (§ 3426.1): Can include information that exists as a “formula, pattern, compilation, program, device, method, technique, or process” that:
- Is valuable from it not being known (or easily known) to the general public and those that could use the information to benefit themselves, and
- The entity that owns the information is making a reasonable effort to maintain the information’s secrecy.