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Florida Non-Disclosure Agreement (NDA) Template

A Florida non-disclosure agreement is a document that binds at least one party to keep certain information confidential. Valuable data, software, marketing plans, prototypes, and the like are classified as Confidential Information. Should a party disclose confidential information, the damaged party is able to legally seek compensation.
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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 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.