A Washington Non-Disclosure Agreement is a vital legal document that protects businesses and individuals by safeguarding their proprietary information and trade secrets. The NDA establishes the parameters of confidentiality, whether in a unilateral or mutual agreement, and is enforceable only if the information in question is not public knowledge.
In Washington, the Uniform Trade Secrets Act governs NDAs and defines the scope and limitations of confidential information. This agreement is a powerful protective measure, ensuring that confidential data remains secure and that businesses and individuals can operate with peace of mind.
Trade Secret Laws
§ 19.108.010 – 19.108.930 (Uniform Trade Secrets Act)
UTSA Version Adopted: 1979
Misappropriation (19.108.030 and 19.108.040): If someone wrongfully takes and uses your confidential information, you can sue them for damages. You can also seek compensation for any profits your competitors gain from using your information. If the person who took your information acted in bad faith, you may also be able to recover your legal fees.
Statute of Limitation (§ 19.108.060): The legal action for misappropriation must be enforced within three years.
Trade Secret Definition (§ 19.108.010(4)):
“Trade secret” means information, including a formula, pattern, compilation, program, device, method, technique, or process that:
(a) Derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and
(b) Is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.