Trade Secret: Defined
Hawaii’s legal definition of a trade secret is information that[3]:
- Is financially beneficial for the owner as the information is not known to competitors.
- Is being kept secret by its owner.
A Hawaii non-disclosure agreement protects confidential information or materials from being shared or misused by a party receiving such information. Companies typically use an NDA as a protective measure before disclosing their sensitive information with clients, contractors, or employees. It is also used when both parties are disclosing sensitive information.
A Hawaii non-disclosure agreement protects confidential information or materials from being shared or misused by a party receiving such information. Companies typically use an NDA as a protective measure before disclosing their sensitive information with clients, contractors, or employees. It is also used when both parties are disclosing sensitive information.
Hawaii’s legal definition of a trade secret is information that[3]: