A Texas non-disclosure agreement is a legally binding contract that prevents the sharing of confidential information by those who sign it. Under an NDA, the owner of the information has the right to pursue legal action to recover damages for any unauthorized disclosure of the sensitive information.
A Texas non-disclosure agreement is a legally binding contract that prevents the sharing of confidential information by those who sign it. Under an NDA, the owner of the information has the right to pursue legal action to recover damages for any unauthorized disclosure of the sensitive information.
Information that an owner takes reasonable action to keep secret and that has or has the potential to have economic value is considered a trade secret.[2]
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