Tennessee Employee Confidentiality Agreements and Trade Secrets Package

State:
Multi-State
Control #:
US-P076-PKG
Format:
Word; 
Rich Text
Instant download

Description

This Employee Confidentiality Agreements and Trade Secrets Package is a useful and necessary tool for providing confidentiality obligations on parties receiving information from disclosing parties who consider such information or material to be confidential.:



1. Agreement Not to Disclose Trade Secrets

2. Non-Compete Letter to Employee

3. Confidentiality and Non-Competition Agreement

4. Non-disclosure Agreement - Employee to Corporation - Detailed

5. Employee Confidentiality and Nondisclosure - Non-disclosure Agreement

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  • Preview Employee Confidentiality Agreements and Trade Secrets Package
  • Preview Employee Confidentiality Agreements and Trade Secrets Package
  • Preview Employee Confidentiality Agreements and Trade Secrets Package
  • Preview Employee Confidentiality Agreements and Trade Secrets Package

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FAQ

This important new legislation creates a federal, private, civil cause of action for trade-secret misappropriation in which ?[a]n owner of a trade secret that is misappropriated may bring a civil action . . . if the trade secret is related to a product or service used in, or intended for use in, interstate or foreign ...

Non-disclosure agreements, or NDAs as they are sometimes called, are legally enforceable agreements between parties that are used to ensure that certain information will remain confidential.

What kind of information is protected by trade secrets? In general, any confidential business information which provides an enterprise a competitive edge and is unknown to others may be protected as a trade secret.

The Tennessee Uniform Trade Secrets Act: Proving that the Information is Not Available Through Other Means. Under the Tennessee Uniform Trade Secrets Act (?TUTSA?), a party alleging a violation of that Act must first prove that the information at issue is a trade secret.

Part 17 - Uniform Trade Secrets Act. § 47-25-1707. Statute of Limitations. An action for misappropriation must be brought within three (3) years after the misappropriation is discovered or, by the exercise of reasonable diligence, should have been discovered.

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.

The NDA ensures your secrets remain secret, and if they do not you have legal recourse against the person or entity that disclosed them. When an NDA is violated, you can ask the court to enjoin the party responsible from infringing or misappropriating your trade secrets, and you can sue for any resulting damages.

The Tennessee Uniform Trade Secret Act requires that trade secret owners use reasonable means to maintain secrecy of their trade secrets (Tenn. Code Ann. § 47-25-1702(4)(B)).

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Tennessee Employee Confidentiality Agreements and Trade Secrets Package