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Kentucky Non-Disclosure Agreement (NDA) Template

A Kentucky non-disclosure agreement (NDA) is a contract between two parties that legally binds either or both to protect trade secrets and other confidential information. If a party discloses information, the second party can seek compensation for any damages that occurred due to the misappropriation of the information.
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“Trade Secret” Definition

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

(a) 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

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

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