Define: Proprietary Data

How is Proprietary Data defined in a legal contract?

• Proprietary Data means data that encapsulates confidential trade secrets developed at private expense or commercial or financial information that is privileged and includes a restrictive notice. This data excludes information commonly known or readily available from other sources without restriction. Seen in 353 SEC filings.
• Proprietary Data means technical data that embodies trade secrets developed at private expense such as design procedures or techniques, chemical composition of materials, or manufacturing methods, processes or treatments, including minor modifications. Seen in 70 SEC filings.
• Proprietary Data means any information that separately discloses business transactions, market positions or trade secrets. Seen in 45 SEC filings.
• Proprietary Data means data embodying trade secrets or commercial or financial information that is privileged or confidential and is marked with a suitable restrictive notice. Seen in 29 SEC filings.
• Proprietary Data means data that containts trade secrets or commercial or financial information that is privileged or confidential. Seen in 13 SEC filings.
• Proprietary Data means data containing trade secrets developed at private expense or commercial or financial information that is privileged or confidential, and includes a restrictive notice. This data excludes information known or available from other sources without restriction; known, possessed, or developed independently, and without reference to the Proprietary Data; made available by the owners to others without restriction; or required by law or court order to be disclosed. Seen in 9 SEC filings.

Please note that these are simplified definitions of 'Proprietary Data'. Legal language can often be complex and specific to the situation, so it's recommended to consult with a legal advisor or lawyer for clarification.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of proprietary data' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

Proprietary Data means confidential trade secrets or commercial information developed privately, having a restrictive notice, and not commonly available.

Relevant Contract Types

• Non-Disclosure Agreement (NDA)
• Software Licensing Agreement
• Franchise Agreement
• Joint Venture Agreement

Relevant Circumstances

• During a partnership formation where proprietary information needs to be shared.
• Licensing proprietary software to another party.
• Establishing a franchise where proprietary standards and operations are involved.
• Entering a joint venture where proprietary methods or trade secrets are shared.

Relevant Sectors

• Technology
• Healthcare
• Manufacturing
• Retail

‍

Genie Definition 2

Proprietary Data means technical data that encapsulates independently developed, confidential trade secrets including design procedures, manufacturing methods, or compositions.

Relevant Contract Types

• Research Agreement
• Consultancy Service Agreement
• Supply Agreement
• Manufacturing Agreement

Relevant Circumstances

• When contracting an external party to provide research services.
• During a consultancy service agreement where proprietary methods may be shared.
• Supplying products that involve proprietary manufacturing methods.
• Entering a manufacturing agreement which involves proprietary methodologies.

Relevant Sectors

• Pharmaceuticals
• Engineering
• Manufacturing
• Construction

‍