Colorado Non-Disclosure Agreement Template
A Colorado non-disclosure agreement prevents the unauthorized publication of a company’s valuable information. The form is signed by two (2) parties and is commonly formed between employer and an employee or contractor.
It can be used to protect a company’s trade secrets, patterns, formulas, processes, or techniques from being shared with anyone not included in the contract. To prevent misappropriation (the intentional, illegal use of property, ideas, or funds), the complainant can be rewarded for any damages deemed to be a result of the stolen secret(s) and can have attorney fees covered in qualifying situations as well.
- Laws: §§ 7-74-101 to 7-74-110
- Definition of “Trade Secret”: § 7-74-102(4)
- Definition of “Misappropriation”: § 7-74-102(2)
- Statute of Limitations (§ 7-74-107): After discovering a case of misappropriation (or when it should have been discovered), the defendant has three (3) years to bring up the case.