Hawaii Non-Disclosure Agreement Template

A Hawaii non-disclosure agreement prevents employees, contractors, investors, or other business entities from wrongfully sharing learned confidential information. Using the document is a wise move for a company to make, as it not only provides weight to any legal action taken by a party who had trade secrets stolen, it acts as a mental barrier to leaking secrets in the first place. The contract is commonly used in the business and medical fields, although any industry in which trade secrets can be used to negatively affect an entity can benefit from the use of an NDA.

Tips for Using an NDA

Define the ways in which the confidential information will be used.
Provide remedies in the event of breached information
Set an end-date to the NDA’s effectiveness

Laws

Chapter: §§ 482B-2 to 482B-9
Definitions: § 482B-2
Statute of Limitations (§ 482B-7): Victims have (3) years from the date the breach was discovered to bring a case against the violators.