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Massachusetts Non-Disclosure Agreement (NDA) Template

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Massachusetts Non-Disclosure Agreement (NDA) Template

Updated June 04, 2023

A Massachusetts non-disclosure agreement is designed to protect Trade Secrets. In the event that two (2) parties enter into business together, this contract expresses in no unclear terms the intent to keep Confidential Information out of the hands of a third party. If the agreement is Unilateral, the information is owned by the first party, and the second is legally bound to protect it to the best of their ability. The non-disclosure agreement allows for the recuperation of damages should the misappropriation of Trade Secrets take place. If the contract is mutual, both parties will be obligated to hold and maintain the secrecy of the organization’s information.

Laws – Mass. Gen. Laws Ann. ch. 266, § 30(4), Mass. Gen. Laws Ann. ch. 93, §§ 42 – 42G