A Trade Secret Policy is a set of rules and procedures that companies use to protect their confidential information. It is designed to protect the company’s trade secrets and other confidential information, such as customer lists, manufacturing processes, product formulas, and business plans. Trade Secret Policies typically include provisions that require employees to keep certain information confidential, such as the company’s trade secrets, and prohibit employees from using the company’s confidential information for personal gain. The two main types of Trade Secret Policies are internal and external. Internal Trade Secret Policies are used to protect confidential information from employees, while external Trade Secret Policies are used to protect confidential information from outside parties, such as competitors or suppliers. Both policies typically include provisions that require employees to keep certain information confidential, such as the company’s trade secrets, and prohibit employees from using the company’s confidential information for personal gain.