Hawaii Non-Disclosure Agreement (NDA) Template

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Updated May 17, 2022

A Hawaii non-disclosure agreement is designed to maintain the confidentiality of Trade Secrets held by a company or organization. Be it Unilateral or Mutual, the agreement restricts the release of a business’s valuable information to a third party, information that will benefit competitors should they get their hands on it. This form, once signed by both parties, ensures that the party that suffers damages from leaked information will be able to seek compensation for said damages in a court of law.

LawsHRS § 482B-1 (Uniform Trade Secrets Act)

“Trade Secret” Definition

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

(1) 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

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