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Hawaii Non-Disclosure Agreement (NDA) Template

A Hawaii non-disclosure agreement is designed to maintain the confidentiality of Trade Secrets held by a company or organization. Whether unilateral or Mutual, the agreement restricts the release of a business's valuable information to a third party, that would benefit competitors if they had access to it.
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“Trade Secret” Definition

“Trade secret” means information, including a formula, pattern, compilation, program device, method, technique, or process that:

(1) Derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and

(2) Is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.

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