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California law defines the word ?misappropriation? as improper acquisition or unauthorized disclosure of a trade secret without the consent of the owner of that secret. Examples of improper means for acquiring trade secrets include: Theft. Espionage.
What Are Some Notable Examples of Trade Secrets? Google's Search Algorithm. ... Coca-Cola's Coke Syrup Formula. ... KFC's Original Recipe. ... McDonald's Big Mac Special Sauce. ... WD-40's Multi-use Product Formula. ... Patents. ... Trademarks. ... Copyright.
Trade secrets must not be disclosed to persons or entities other than company employees or independent contractors who have signed appropriate employment or other covenants, unless such persons or entities sign an appropriate confidential disclosure agreement or other agreement containing sufficient confidentiality ... Trade Secrets: What Your Company Needs to Know | Articles - Finnegan finnegan.com ? insights ? trade-secrets-what... finnegan.com ? insights ? trade-secrets-what...
Misappropriation of a trade secret includes industrial or commercial espionage, breach of contract and breach of confidence, electronic surveillance, trespass, bribery, and fraud. It does not include "reverse engineering", where a company purchases a product and finds out how it works by laboratory analysis.
Breaches of non-disclosure agreements, industrial espionage, theft, fraud, and bribery are all improper means of acquiring a trade secret. For example, if you hack into a company's computer and copy the files, this act of acquiring the secrets improperly is misappropriation. Trade Secret Infringement & Potential Legal Defenses - Justia justia.com ? intellectual-property ? infringe... justia.com ? intellectual-property ? infringe...
Entering into non-disclosure agreements with employees, suppliers and partners, prohibiting the recipient from making unauthorized use or disclosure of confidential information; reviewing periodically which employees ?need to know? the trade secret information; and. How to Protect Trade Secrets? - WIPO wipo.int ? tradesecrets ? protection wipo.int ? tradesecrets ? protection
Use of a trade secret belonging to another does not always constitute misappropriation. There are two basic situations in which obtaining the use of a trade secret is illegal; where it is acquired through improper means, or where it involves a breach of confidence.
Examples of information that could be considered a trade secret include information such as, but not limited to, formula, pattern, algorithm, compilation, program, method, technique, customer lists, data sets or compilations, product road maps, pricing schedules, failed experimentation, or manufacturing processes. Sample Trade Secret Policy Association of Corporate Counsel ? files ? resources ? upload Association of Corporate Counsel ? files ? resources ? upload DOC