Updated on September 13th, 2022
A Mississippi non-disclosure agreement is a contract that forbids the parties thereto from sharing confidential, proprietary information with unauthorized persons. The execution of this document is often carried out to protect trade secrets whose disclosure would harm the company’s profits and weaken their position in their field.
The form lays out the names of the parties involved, their relationship to one another, the type of information protected by the agreement’s provisions, and whether one or both parties will be held to secrecy (“unilateral” vs. “mutual”). A non-disclosure agreement is often referred to as a “confidentiality agreement” or simply, an “NDA.”
- Statutes: §§ 75-26-1 – 75-26-19
- Definitions: § 75-26-3
- Statute of Limitation (§ 75-26-13): Three (3) Years