Below you'll find a list of all posts that have been tagged as “trade secrets”
In short, yes. It is well established under Ohio law that a non-competition agreement of reasonable duration and geographic scope is enforceable if properly made part of an employment agreement. However, the courts will treat these agreements with skepticism and carefully scrutinize them because they are often drafted by the employer and in favor of the employer. If the agreement appears too …
Whether you’re a start-up business or an existing business, protecting your intellectual property is vital. Intellectual property includes your trade secrets, customer lists, recipes, inventions, and much more. If your business is not using all of the six agreements described below, your intellectual property may be at risk of exposure or theft. (1) Non-Disclosure and Trade Secret Protection Agreements This …
A confidentiality agreement can protect any type of information that is not generally known. Types of information that is not generally known include intellectual property, such as trade secrets, copyrights, trademarks and patents. A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information by which a business can obtain an economic advantage over competitors or …
In this legal contract, the parties agree not to disclose information covered by the agreement. This contract creates a relationship between the parties to protect any type of confidential and propriety information or trade secrets of a business. Confidentiality agreements are commonly signed when two companies, individuals, or other entities are considering doing business together and need to understand the …
For a business owner, it may be unclear when a confidentiality or non-disclosure agreement is necessary. The parties who should sign a confidentiality agreement include: employees, independent contractors, consultants, vendors, suppliers, and any person who will receive material non-public information. Material non-public information can include your pricing structure, client lists, customer lists, formulas, or other data which if placed in …
An individual, startup business, or established company may have an idea or concept that is unique but not protectable by a patent. This can include a business model, formulas, recipes, processes, product concepts, marketing plans, unique sources for supplies, assembly processes, or customer lists (otherwise known as “Trade Secrets”). The protection of your trade secrets is essential to maintaining a …
Confidentiality Agreement (also known as Non-Disclosure Agreement or NDA) For a new business, it is important to protect your confidential information; which includes an invention, idea, trade secret, trademark, copyright, or patent. As with most startup businesses, to get the company off the ground you need to use designers or independent contractors. In some circumstances you will need to provide …
