A California non-disclosure agreement is a document used to prevent the misuse or dissemination of proprietary and confidential information. Whereas one party intends to share trade secrets with another party, the recipient of this information will often be required to sign an NDA to keep it classified. If any information is shared with a third party or used in violation of the agreement, the violated party could file for injunctive relief or even sue for damages.
When an NDA is designed to protect one party’s trade secrets, this is known as a unilateral non-disclosure agreement. If both parties are sharing confidential information with one another, it is called a mutual agreement.
- Statutes: §§ 3426 to 3426.11
- Definitions: § 3426.1
- Statute of Limitation (§ 3426.6): Three (3) years