Trade Secret Agreement Generator for United States

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Key Requirements PROMPT example:

Trade Secret Agreement

"I need a Trade Secret Agreement to protect our new manufacturing process when sharing it with our Chinese contractor starting January 2025, with specific provisions for international enforcement and requirements for storing technical documentation."

Document background

A Trade Secret Agreement is essential when businesses need to protect valuable proprietary information from unauthorized disclosure or use. This document, compliant with U.S. federal and state regulations, defines protected information, establishes security measures, and outlines consequences for breaches. It's particularly crucial during business collaborations, employee onboarding, or when sharing sensitive information with contractors. The agreement typically includes specific provisions required by the Defend Trade Secrets Act and relevant state laws.

Suggested Sections

1. Parties: Identification of all parties to the agreement, including legal entities and contact details

2. Background/Recitals: Context of the agreement and purpose for protecting trade secrets

3. Definitions: Key terms including 'Trade Secrets', 'Confidential Information', 'Permitted Use', 'Representatives'

4. Scope of Confidentiality: Detailed description of what information is protected and how it can be used

5. Protection Measures: Specific steps required to maintain confidentiality of trade secrets

6. Term and Termination: Duration of obligations and conditions for termination

7. Return of Materials: Requirements for returning or destroying confidential information

8. Remedies: Legal remedies available in case of breach

Optional Sections

1. Non-Competition: Restrictions on competitive activities, typically used when dealing with employees or business partners who could potentially compete

2. Non-Solicitation: Restrictions on soliciting employees or customers, used when protecting customer relationships or preventing employee poaching

3. Whistleblower Protection: Immunity provisions for reporting violations, required for compliance with DTSA

4. Assignment Rights: Terms for transferring rights under the agreement, used when transfer of rights might be necessary

Suggested Schedules

1. Schedule A - Identified Trade Secrets: Detailed list of specific trade secrets covered

2. Schedule B - Authorized Representatives: List of individuals authorized to access trade secrets

3. Schedule C - Security Protocols: Specific procedures for handling and protecting trade secrets

4. Schedule D - Excluded Information: Information specifically excluded from trade secret protection

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology
Manufacturing
Research & Development
Food & Beverage
Healthcare

Relevant Teams

Legal
Human Resources
Research & Development
Information Technology
Executive Leadership
Information Security
Intellectual Property

Relevant Roles

Chief Executive Officer
Chief Technology Officer
Research Director
Human Resources Director
Legal Counsel
Intellectual Property Manager
Information Security Officer

Find the exact document you need

Joint Ip Agreement

A US-governed agreement establishing terms for joint ownership and management of intellectual property between multiple parties.

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Let's create your Trade Secret Agreement

Authors

Alex Denne

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