A Kansas non-disclosure agreement prohibits one or more parties from divulging confidential information entrusted to them. It is a standard business practice to employ a non-disclosure agreement (“NDA”) to protect trade secrets and proprietary information from falling into the hands of competitors, media outlets, or the general public. On occasions where both parties share sensitive information, they may opt to use a mutual agreement; however, the most common agreement is a unilateral NDA, where one party is sharing their proprietary information with another (e.g., an employer to an employee).
- Statutes: §§ 60-3320 – 60-3330
- Definitions: § 60-3320
- Statute of Limitation (§ 60-3325): If misappropriation has been (or with reasonable diligence should have been) discovered, the damaged party has three (3) years to take action.