Vermont Non-Disclosure Agreement
Our Vermont Non-Disclosure Agreement (“Confidentiality Agreement”) is a contract used to protect a company’s confidential information from outsiders, namely the public and competitors. The document is legally binding, meaning the discloser of information can bring the party learning the information to court if the confidential information is leaked. If victorious in court, the victim can claim damages and/or have the court issue an injunction to stop the information from continued use. To aid in your understanding of how Vermont handles cases regarding stolen information (misappropriation), we have included an overview of the law below.
Trade Secret Law
Vermont’s Title 9 Chapter 143 is the state’s adoption of the Uniform Law Commission’s Uniform Trade Secrets Act (UTSA), which was an act designed to make the states have similarly structured trade secret laws to aid companies that conducted business nationally. To aid in your understanding of the chapter, we have included a brief rundown of all nine (9) sections of the act below.
- § 4601 – Definitions of frequently used terms.
- § 4602 – When the court will issue and terminate injunctions, which are orders to stop a specific action, such as misappropriation.
- § 4603 – Covers damages; when the victim can recover them, how they are justified, and the damages awarded when malicious misappropriation exists.
- § 4604 – Stated as “Reserved.”
- § 4605 – What the court will do to protect trade secrets. Includes holding in-camera hearings, ordering certain people not to release information, and granting protective orders.
- § 4606 – Stated as “Reserved.”
- § 4607 – How Chapter 143 does and does not affect other laws (within Vermont’s legislature).
- § 4608 – A statement referring to Vermont’s adoption of the ULC’s Uniform Trade Secrets Act.
- § 4609 – States the chapter took place on July 1st, 1996, and any misappropriation that occurred before that date (including cases that started before the date and continued past it) do not apply to the chapter.
How to Write
Step 1 – Download the document. For completing the fields digitally and then printing, we recommend downloading our Adobe PDF version. For making edits to conditions within the agreement, we recommend the Microsoft Word format.
Step 2 – At the top of the contract, enter the Current Date. Then, both parties will need to enter their Names (or the company names if signing as businesses) followed by the Addresses.
Step 3 – Finally, on the last page, both parties will need to write their Signatures, Names in print, company Titles, and the Dates in which they are signing their names. Once all fields are complete, the contract will be legally enforceable.