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Trade Secret: Defined
To qualify as a trade secret, the owner must take reasonable measures to keep the information secret, and it must derive independent economic value from its secrecy and not be easily ascertained by competitors.[3]
A West Virginia non-disclosure agreement is used to protect confidential information from being disclosed to outside parties. NDAs are often executed at the start of a business relationship when it is necessary to provide access to information that, if exposed to the public or competitors, would damage the disclosing party.
A West Virginia non-disclosure agreement is used to protect confidential information from being disclosed to outside parties. NDAs are often executed at the start of a business relationship when it is necessary to provide access to information that, if exposed to the public or competitors, would damage the disclosing party.
To qualify as a trade secret, the owner must take reasonable measures to keep the information secret, and it must derive independent economic value from its secrecy and not be easily ascertained by competitors.[3]