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Utah Non-Disclosure Agreement (NDA) Template

A Utah non-disclosure agreement is a document that can be used to protect confidential business information. The parties who have signed the contract agree to maintain the confidentiality of the Trade Secrets and that they may be held liable for any damages that may result from the misappropriation.
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“Trade Secret” Definition

“Trade secret” means information, 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.

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