The Connecticut non-disclosure agreement (NDA) is a document that employers will use to secure their confidential and proprietary business information. The agreement contains clauses that restrict employees from wrongfully disclosing trade secrets such as consumer data, formulas, techniques, and other economically valuable company information. After an employee signs the contract, they will be responsible for maintaining secrecy for the period that the information is considered confidential or until they receive written notice releasing them from their obligation.
Misappropriation (§ 35-51(b)) – If found guilty of misappropriation, the employer is eligible to recover attorney’s fees (§ 35-54) and up to two (2) times the amount of damages incurred due to the wrongful disclosure (§ 35-53).
Trade Secret Definition (§ 35-51(d)) – Notwithstanding the provisions of sections 1-210, 31-40j to 31-40p, inclusive, and subsection (c) of section 12-62, “trade secret” means information, including a formula, pattern, compilation, program, device, method, technique, process, drawing, cost data or customer list that: (1) Derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use, and (2) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.