Trade Secrets Sample Without Replacement
Description
How to fill out Employee Confidentiality Agreements And Trade Secrets Package?
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FAQ
In order for information to be protected as trade secret, it shall meet the following criteria. The information must be secret (i.e., it is not generally known among, or readily accessible, to circles that normally deal with the kind of information in question). Absolute secrecy is not required.
Proving Your Company Took Steps to Ensure Secrecy Storing data on password-protected computer devices and systems. Storing physical files in locked rooms or file cabinets when not being used. Expressly restricting access to employees or others with a need to know.
Examples of trade secrets can include engineering information; methods, processes, and know-how; tolerances and formulas; business and financial information; computer programs (particularly source code) and related information; pending, unpublished patent applications; business plans; budgets; methods of calculating ...
Proving that You Actually Had a Trade Secret The information was secret; The information had actual or potential independent economic value because it was secret; and. The plaintiff made reasonable efforts to keep the information secret.
Trade secrets encompass both technical information, such as information concerning manufacturing processes, pharmaceutical test data, designs and drawings of computer programs, and commercial information, such as distribution methods, list of suppliers and clients, and advertising strategies.