Breach of NDA
Trade Secret: Defined
Maryland law defines a trade secret as information that[2]:
- Has financial value by not being known or readily obtainable by outside parties.
- Is being protected to maintain its secrecy.
A Maryland non-disclosure agreement is a contract in which the parties agree to keep certain information confidential. The form is often used by employers when sharing information with employees to prevent leaks to outside parties. Once signed, NDAs remain in effect until terminated by one or both parties, or until the protected information becomes publicly available.
A Maryland non-disclosure agreement is a contract in which the parties agree to keep certain information confidential. The form is often used by employers when sharing information with employees to prevent leaks to outside parties. Once signed, NDAs remain in effect until terminated by one or both parties, or until the protected information becomes publicly available.
Maryland law defines a trade secret as information that[2]: