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New Jersey Non-Disclosure Agreement (NDA) Template

A New Jersey non-disclosure agreement is a contract often used by employers to protect confidential information and trade secrets from unauthorized disclosure by employees. It can also be used by parties that mutually agree to maintain shared information in the strictest confidence for the duration of a working relationship.
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“Trade Secret” Definition

“Trade secret” means information, held by one or more people, without regard to form, including a formula, pattern, business data compilation, program, device, method, technique, design, diagram, drawing, invention, plan, procedure, prototype 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.