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Washington Non-Disclosure Agreement (NDA) Template

A Washington non-disclosure agreement ensures that the parties' Trade Secrets are not exposed to the general public or released to a competing company. If Confidential Information is released without authorization, the party responsible may be held liable for resulting damages.
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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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