Georgia Non-Disclosure Agreement
Our Georgia Non-Disclosure Agreement (also called a “Confidentiality Agreement”) is a powerful document that is signed by two individuals, preventing one of them from sharing the learned trade secrets of another. It is commonly completed when a company hires a new employee that will have access to secretive information, when sharing details of a newly designed product, or sharing business plan information to a prospective buyer. While signing an NDA cannot technically prevent someone from disclosing private information, it entails financial consequences so severe that it serves as a viable means for protecting valuable secrets.
Trade Secret Law
Below is an outline of each section of Georgia’s Trade Secret Law (Article 27). For those drafting and signing a Confidentiality Agreement in Georgia, it is imperative the parties understand the laws and regulations regarding the contract.
- § 10-1-760 The title of the Act, which is the “Georgia Trade Secrets Act of 1990”
- § 10-1-761 Defines the commonly used terms “Improper Means,” “Misappropriation,” “Person,” and “Trade Secret”
- § 10-1-762 Discusses how the court handles issuing an injunction (stopping misappropriation of a trade secret)
- § 10-1-763 How the complainant can recover damages caused by misappropriation
- § 10-1-764 Situations garnering having the winning party’s attorney’s fees covered
- § 10-1-765 What the court will do to preserve a trade secret
- § 10-1-766 How long the complainant has to bring up an action of misappropriation (5 years)
- § 10-1-767 What laws Article 27 supersedes, and what the article does not affect
How to Write
Step 1 – Begin by downloading the Georgia Confidentiality Agreement in either Adobe PDF or Microsoft Word. For the best editable version, we recommend the Word (.docx) version. For completing online via the fillable fields, the Adobe (.pdf) version is the most user-friendly.
Step 2 – Have both parties read through the entire contract. If conditions need to be added or removed, ensure this is done before proceeding.
Step 3 – Once all edits have been made, head to the top of the contract and enter the current Date. Then, have both the Disclosing Party (the person or company sharing the confidential information) and the Receiving Party (entity learning the information) enter their Full Names and Addresses into the designated fields.
Step 4 – At the bottom of the contract, have both parties write their Printed Names, Titles (if not part of a company/institution, leave blank), the Dates in which they are signing, and finally, their Signatures.