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Washington D.C. Non-Disclosure Agreement (NDA)

A Washington DC non-disclosure agreement is a legally binding contract that prohibits one party from sharing confidential information, including "trade secrets," belonging to the other party. This contract is often used by a company to restrict an employee from sharing sensitive information with others during or after employment.
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“Trade Secret” Definition

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

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

(B) Is the subject of reasonable efforts to maintain its secrecy.