West Virginia Non-Disclosure Agreement (NDA) Template

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Updated May 17, 2022

A West Virginia non-disclosure agreement is a document used to contract one or two parties to keep confidential information secret. The purpose of the form is to protect the information’s confidentiality and prevent it from reaching the hands of a business’s competitors. Due to the invaluable nature of a company’s Trade Secrets, it is in the business’s best interest to introduce a non-disclosure agreement whenever they’re entering into a new business relationship. Any party who releases the information, be it intentionally or accidentally, will shoulder all responsibility and will be liable for the payment of damages.

Laws – §§ 47-22-1 – 47-22-10 (Uniform Trade Secrets Act)

“Trade Secret” Definition

“Trade secret” means information, including, but not limited to, a formula, pattern, compilation, program, device, method, technique 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.