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Trade Secret: Defined
Information that is subject to efforts to maintain its secrecy and has economic value (potential or actual) from not being known or readily ascertainable.[3]
An Oklahoma non-disclosure agreement is designed to prevent unauthorized disclosure of confidential information. An NDA is generally categorized as either a “unilateral” or “mutual” agreement. Under a unilateral NDA, only a single party is contractually obligated to maintain confidentiality, whereas a mutual NDA prohibits both parties from disclosing the information.
An Oklahoma non-disclosure agreement is designed to prevent unauthorized disclosure of confidential information. An NDA is generally categorized as either a “unilateral” or “mutual” agreement. Under a unilateral NDA, only a single party is contractually obligated to maintain confidentiality, whereas a mutual NDA prohibits both parties from disclosing the information.
Information that is subject to efforts to maintain its secrecy and has economic value (potential or actual) from not being known or readily ascertainable.[3]