A Colorado non-disclosure agreement is used before trade secrets are shared to ensure the information remains confidential. Companies often require NDAs to preserve the competitive edge provided by a trade secret. NDAs are also used when both parties are giving the other access to their confidential information, allowing each party to protect their own interests.
A Colorado non-disclosure agreement is used before trade secrets are shared to ensure the information remains confidential. Companies often require NDAs to preserve the competitive edge provided by a trade secret. NDAs are also used when both parties are giving the other access to their confidential information, allowing each party to protect their own interests.
Under Colorado law, a trade secret is any confidential information that is valuable to a company or professional and is being safeguarded from misappropriation.[2]
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