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Idaho Non-Disclosure Agreement (NDA) Template

An Idaho non-disclosure agreement protects Trade Secrets and Confidential Information owned by one or more of the signing parties. In the event of a breach, the harmed party can seek compensation for lost revenue or other damage caused by the release of the confidential information.
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“Trade Secret” Definition

“Trade secret” means information, including a formula, pattern, compilation, program, computer 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. Trade secrets as defined in this subsection are subject to disclosure by a public agency according to chapter 1, title 74, Idaho Code.

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