CONTRACTS AND DOCUMENTS THAT ARE CRUCIAL FOR KEEPING TRADE SECRETS
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Documents that you need
Depending on your situation, you need employment agreements that take into consideration your trade secrets. When an employee is leaving your company, you might need to sign a specific non-compete contract to make sure your trade secrets are still protected. When you are collaborating with others, you need always a proper confidentiality agreements and/or confidentiality clauses within contracts governing larger transactions.
Other documents that you should have
Do not forget confidentiality clauses or NDA’s in relation to mergers and acquisitions, asset purchases, joint ventures, franchise, consulting and service agreements, influencer marketing, and trademark, copyright and patent licensing.
Confidentiality Agreement (Mutual)
Mutual confidentiality agreement sets the same rights and obligations to both parties. It is suitable for situations where both parties receive and disclose confidential information,
Confidentiality Agreement (Unilateral, Pro-Recipient)
In unilateral confidentiality agreements one of the parties will disclose confidential information to the other party. The nondisclosure obligations and access and use restrictions will apply only to the party that is the recipient of confidential information. However, the operative provisions can be drafted to favor either party, and in this template they are drafted in favor of recipient.
Confidentiality Agreement (Unilateral, Pro-Discloser)
In unilateral confidentiality agreements one of the parties will disclose confidential information to the other party. The nondisclosure obligations and access and use restrictions will apply only to the party that is the recipient of confidential information. However, the operative provisions can be drafted to favor either party, and in this template they are drafted in favor of discloser.
Confidentiality and Non-Circumvention Agreement
A confidentiality and non-circumvention agreement to be used by a party that wants to both prevent a counterparty’s misuse of its confidential information and prevent disclosing party’s business contacts from misuse.
How Can Perfumes Be Legally Protected
In this article, we will discuss the different forms of intellectual property rights that can protect perfumes in the EU. Perfumes are unique products - a liquid end-product with a unique smell, the fragrance. It is important to understand the nature of perfumes and the...
Non-Circumvention Clause – a Restrictive Covenant Used in the Context of Confidentiality Agreements
Non-circumvention clause is used typically in confidentiality agreements, also known as nondisclosure agreements and NDA's. Confidentiality agreements are usually used to disclose confidential information, such as different forms of trade secrets. You can read more about confidentiality agreements from this article: What Every Entrepreneur Needs...
What Every Entrepreneur Needs to Know About Confidentiality Agreements
What Is a Confidentiality Agreement? A confidentiality agreement is a legally binding contract between two or more parties in which at least one of the parties agrees not to disclose certain sensitive information. The name of this kind of an agreement may depend on the...