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Nevada Non-Disclosure Agreement (NDA) Template

A Nevada non-disclosure agreement, or (NDA), is a document intended to protect confidential business information from unauthorized distribution. Typically, one or more parties sign the document and are thereafter bound to hold and maintain the confidentiality of any information the NDA determines shall not be disclosed.
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“Trade Secret” Definition

“Trade secret:”

(a) Means information, including, without limitation, a formula, pattern, compilation, program, device, method, technique, product, system, process, design, prototype, procedure, computer programming instruction or code that:

(1) Derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by the public or any other persons who can obtain commercial or economic value from its disclosure or use; and

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

(b) Does not include any information that a manufacturer is required to report pursuant to NRS 439B.635 or 439B.640, information that a pharmaceutical sales representative is required to report pursuant to NRS 439B.660 or information that a pharmacy benefit manager is required to report pursuant to NRS 439B.645, to the extent that such information is required to be disclosed by those sections.

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