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Colorado Non-Disclosure Agreement (NDA) Template

A Colorado non-disclosure agreement prohibits one or more parties from releasing Confidential Information or Trade Secrets which may be valuable to an organization, and harmful if released to its competitors. In the event of a breach, the party that released Confidential Information may be liable to the other for damages.
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“Trade Secret” Definition

“Trade secret” means the whole or any portion or phase of any scientific or technical information, design, process, procedure, formula, improvement, confidential business or financial information, listing of names, addresses, or telephone numbers, or other information relating to any business or profession which is secret and of value. To be a “trade secret” the owner thereof must have taken measures to prevent the secret from becoming available to persons other than those selected by the owner to have access thereto for limited purposes.

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