Idaho Non-Disclosure Agreement (NDA) Template

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Updated July 04, 2022

An Idaho non-disclosure agreement is an agreement between two (2) or more parties to protect Trade Secrets and other Confidential Information. The document linked below can be used to define a Unilateral agreement or a Mutual agreement, and therefore can only be completed by two (2) parties. If this document has been signed, and both parties agree to protect the company’s information against third-party competitors, the liability of any disclosed trade secrets will lie on the shoulders of the responsible party. The harmed party will be able to seek compensation for any and all lost revenue or other damage caused by the release of the confidential information.

LawsTitle 48, Chapter 8 (Idaho Trade Secrets Act)

“Trade Secret” Definition

“Trade secret” means information, including a formula, pattern, compilation, program, computer 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. Trade secrets as defined in this subsection are subject to disclosure by a public agency according to chapter 1, title 74, Idaho Code.