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OpenDocument- Statutes: §§ 45.50.910 to 45.50.945
- Definitions: § 45.50.940
- Statute of Limitation (§ 45.50.925): Three (3) Years
An Alaska non-disclosure agreement (NDA) is a document that sets the terms and conditions for the sharing of confidential information between two (2) parties. Commonly used in business settings, the form identifies the information that will be shared, how the information can be used, and the consequences of a breach of contract.
Companies opt to use NDAs to prevent valuable information from getting into the hands of competitors. Circumstances wherein such a form might be executed include onboarding a new employee, discussing a sale or merger, or licensing software to another company.
An Alaska non-disclosure agreement (NDA) is a document that sets the terms and conditions for the sharing of confidential information between two (2) parties. Commonly used in business settings, the form identifies the information that will be shared, how the information can be used, and the consequences of a breach of contract.
Companies opt to use NDAs to prevent valuable information from getting into the hands of competitors. Circumstances wherein such a form might be executed include onboarding a new employee, discussing a sale or merger, or licensing software to another company.