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Montana Non-Disclosure Agreement (NDA) Template

A Montana non-disclosure agreement is a form that binds one or more individuals to holding and maintaining Confidential Information for the purposes of defending Trade Secrets from competing businesses. It allows a company to hold the liable party legally responsible for damages caused by any unauthorized disclosure.
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“Trade Secret” Definition

“Trade secret” means information or computer software, 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.