Confidentiality agreements and nondisclosure agreements are a powerful weapon for businesses to protect their trade secrets. A nondisclosure agreement is a contract between two or more parties establishing a confidential relationship. Businesses with trade secrets should always require employees with access to the secret information to sign an NDA. This step will help further establish evidence of trade secrets by showing the business' intentions were to keep the information secret. An NDA also immediately informs the employee of the business's expectation that the employee keep the information secret; hence, there is no misunderstanding. Other parties who should sign a nondisclosure agreement include, but are not limited to, visitors, customers, independent contractors, and anyone else who may come in contact with the trade secrets.
Our Sacramento business lawyers have drafted and reviewed countless nondisclosure agreements. Contact our business law firm to schedule an initial consultation with an attorney to learn more about protecting business trade secrets.