New Mexico Non-Disclosure Agreement Template
Download the New Mexico Non-Disclosure Agreement (NDA) to legally restrict companies, contractors, and employees from taking confidential information that was discussed in private and sharing or using it in unlawful means. The form lists the terms and conditions of the agreement, which include the specifics of what information is classified, how the recipients can use it, and optional conditions such as jurisdiction and injunction (which involves issuing a court order to a party from using the secrets).
Trade Secret Law
New Mexico’s law regarding trade secrets, titled the “Uniform Trade Secrets Act,” covers how those that suffered from having their company’s confidential information stolen can claim damages. The following are the sections of the Act:
- § 57-3A-1: The title of the Act.
- § 57-3A-2: Gives the definitions of four (4) commonly used terms the Act refers to.
- § 57-3A-3: This section covers injunctive relief, which is when a court orders a certain action be stopped, such as a competitor wrongfully using your trade secret for their own gain.
- § 57-3A-4: When the complainant can recover compensation from damages caused by misappropriation.
- § 57-3A-5: Covers situations in which the court will pay for the prevailing party’s attorney’s fees.
- § 57-3A-6: Lists the specific steps that the court will take to protect trade secret(s) involved with litigation.
- § 57-3A-7: Sets out the statute of limitations, which is the period of time in which the complainant has to bring a case (after discovering the misappropriation).