The North Carolina Non-Disclosure Agreement (NDA) Template has been developed as a written method to prevent the misappropriation of a business entity’s Trade Secrets. Including such paperwork at the beginning of a business relationship and can be a valuable practice. This would be considered a wise precaution by many.
This paperwork’s power comes from the signature provided by an entity agreeing to its contents. As a contract, the contents will provide details regarding Trade Secrets, Improper Use, Relief, and a host of relevant topics that must be comprehended and agreed upon. Any entity signing this paperwork should be made aware of the impact of his or her signature. Once signed this contract can be considered enforceable in a court of law.
This paperwork will in no way interfere with the North Carolina Trade Secrets Protection Act (§ 66-152) and in fact complies full of these statutes. Any remedies sought through this document will not constitute a remedy demanded by interested governing institutions such as the State of North Carolina.