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Ohio Non-Disclosure Agreement (NDA) Template

An Ohio non-disclosure agreement is a contract used to protect a business entity's Confidential Information and Trade Secrets. Frequently signed by employees, an NDA helps ensure that sensitive information is not shared with the public or competitors. In the event of a breach, the employee may be held liable for damages.
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“Trade Secret” Definition

“Trade secret” means information, including the whole or any portion or phase of any scientific or technical information, design, process, procedure, formula, pattern, compilation, program, device, method, technique, or improvement, or any business information or plans, financial information, or listing of names, addresses, or telephone numbers, that satisfies both of the following:

(1) It 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.

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

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