Arkansas Non-Disclosure Agreement (NDA) Template

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The Arkansas non-disclosure agreement is used for the purpose of defending trade secrets. Either defined as Mutual or Unilateral, this document binds one (1) or both parties to keeping certain information confidential. The contract holds both parties to keep the information “in the strictest of confidence,” and states that, if one party were to breach the contract, they would be held solely responsible. The party suffering from any damages due to misappropriation of trade secrets is entitled to seek whatever compensation they deem necessary.

Definition of “Trade Secret” – § 4-75-601

LawsA.C.A. §§ 4-75-601 through 4-75-607 (2011)

Non-Compete Agreement – This document is often paired with a non-disclosure agreement and, in the interest of protecting trade secrets, ensures that the employee will not compete in the same field as the employer once they’ve left their position.

How to Write

Step 1 – Download in Adobe PDF, Microsoft Word (.docx) or Open Document Text (.odt).

Step 2 – In the first (1st) section of the form, supply the day’s date and the name of the first (1st) and second (2nd) party.

Step 3 – A Unilateral agreement is one in which the first party has complete ownership of the Confidential Information and the second party is bound to keep it secret. Check the box next to this option if this is the case. A Mutual agreement is one in which both parties are restricted from sharing any Confidential Information. Check the second (2nd) box if this is the case. Under “RELATIONSHIP,” enter the nature of the relationship of party A to party B and vice versa.

Step 4 – Indicate, in section 5, the number of days either party has to return any materials to a requesting party.

Step 5 – Both parties must print their name and date the document. Once printed, both parties should also sign the document. While it is not necessary that a notary public be present during the signing, it is recommended.