Trade Secret: Defined
Massachusetts’s statutory definition of a trade secret defines it as information that[3]:
- Provides economic value by not being known by other companies.
- Is being maintained confidential by the owner.
A Massachusetts non-disclosure agreement is a contract used to protect trade secrets and other proprietary information from being divulged to outside parties. Companies typically require that this document be signed by employees or independent contractors as a condition of signing an employment or service agreement.
A Massachusetts non-disclosure agreement is a contract used to protect trade secrets and other proprietary information from being divulged to outside parties. Companies typically require that this document be signed by employees or independent contractors as a condition of signing an employment or service agreement.
Massachusetts’s statutory definition of a trade secret defines it as information that[3]: