Alaska Non-Disclosure Agreement
The Alaska Non-Disclosure Agreement (also called a “Confidentiality Agreement”) is a state-specific contract that creates a relationship between an individual sharing a company secret and the one learning the secret, requiring the information learned not to be shared with anyone else. NDA’s can be used for any situation when a secret needs to be protected. Examples of when NDA’s are typically signed include the hiring a new employee who will have access to company secrets, when discussing a potential merger and sharing the company’s business plan, and for protecting a patient’s test results.
Trade Secret Law
Alaska’s Trade Secret Law, or more specifically the Alaska Uniform Trade Secrets Act, covers Alaska’s take on the Uniform Trade Secrets Act, which was developed to make the trade laws uniform across the states. The sections and a brief overview of each are listed below:
- AS 45.50.910 the three (3) ways in which the state can use injunctive relief for cases regarding misappropriation of trade secrets.
- AS 45.50.915 states how the complainant can recover from the damages caused by misappropriation
- AS 45.50.920 says the court will preserve the secrecy of the trade secret
- AS 45.50.925 states the time window that must be met for a misappropriation case to be brought up
- AS 45.50.930 how the different sections of the law affect each other
- AS 45.50.935 implies that Alaska’s version of the Uniform Trade Secrets is meant to be in line with other states trade secret laws
- AS 45.50.940 gives the definitions of the legal terms used through the sections
- AS 45.50.945 states that sections 45.50.910-45.50.945 make up the Alaska Uniform Trade Secrets Act
How to Write
Step 1 – To start, download the NDA in either Adobe PDF or Microsoft Word. If you would like a more user-friendly option, we recommend the PDF version, as it contains fillable fields. For the more editable version, download the Word version of the document.
Step 2 – Enter the Date the agreement is going into effect, the Name of the company disclosing the confidential information (also called the “Disclosing Party”), the Address of the company, the Name of the company (or individual) receiving the secret(s), and their Address.
Step 3 – Head to the bottom of the document and have both parties Sign the document, write their Printed names, their company Titles, and the Date’s they are signing the document. Once signed and dated, the NDA will be in effect.