Common use of Trade Secret Clause in Contracts

Trade Secret. The term "trade secret" means any information or compilation of information possessed by the Company that 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. For purposes of this Agreement, the term "trade secret" includes both information disclosed to Consultant by the Company and information developed by Consultant in the course of his employment.

Trade Secret. The term "trade secret" means any information something which: (a) is secret in the sense that it is not generally known among, or compilation readily accessible to, persons within the circles that normally deal with the kind of information possessed in question; (b) has commercial value because it is secret; and, (c) has been subject to reasonable steps by the Company that 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. For purposes of this Agreement, the term "trade Us to keep it secret" includes both information disclosed to Consultant by the Company and information developed by Consultant in the course of his employment.

Trade Secret. The term "trade secret" “Trade Secret” means any information or compilation of all information possessed by or developed for the Company that Releasor to which all of the following apply: (i) the information derives independent economic value, actual or potential, value from not being generally known to, and not (ii) the Releasor takes reasonable precautions to prevent such information from being readily ascertainable by proper means by other persons who can obtain economic value from its disclosure or use. For purposes of this Agreement, disclosed and released to the term "trade secret" includes both information disclosed to Consultant by the Company and information developed by Consultant in the course of his employmentpublic.

Trade Secret. The term "trade secret" means any information or compilation of information possessed by the Company that 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. For purposes of this Consulting Agreement, the term "trade secret" includes both information disclosed to Consultant by the Company and information developed by Consultant in the course of his employment.