Arkansas Non-Disclosure Agreement

The Arkansas Non-Disclosure Agreement, also called a “Confidentiality Agreement,” is a contract used to keep a company’s trade secret from landing in the wrong hands. It is used when an individual will be learning a secret that is considered valuable to the company, such as a recipe or business plan. The individual or company learning the secret (the “Receiving Party”) can be sued by the company sharing the information (the “Disclosing Party”) or faced with injunctive relief issued in court if the secret is disclosed. Below is information regarding Arkansas’ Trade Secret Law and a how-to for completing the NDA.

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Trade Secret Law

Arkansas’ interpretation of the Federal Uniform Trade Secret Act differs slightly than the general law published in 1979; a brief outline of Arkansas’ Theft of Trade Secrets Subchapter is below:

How to Write in PDF & Word

Step 1 – Download the Arkansas-specific NDA in either Adobe PDF or Microsoft Word.

Step 2 – At the top of the form, enter the Date (enter the full year 20xx) the contract will be in effect.

Step 3 – Directly after entering the date, write the name and full address of the individual or company sharing the secret(s). This is also called the “Disclosing Party.” On the next line, enter the full name and address of the individual or company learning the secret(s).

 

Step 4 – After both parties have diligently read through the entire document and approve of the terms laid out, have both the Disclosing and Receiving parties write their full printed names, their titles within their respective companies (if applicable), the dates they completed the form, and their signatures. Once both signatures are recorded, the contract will be in effect.