Trade Secret: Defined
A trade secret is defined as information that is subject to reasonable efforts by its owner to be kept secret, and that derives potential or real economic value due to its confidential nature.[3]
An Oregon non-disclosure agreement is a contract that prevents the unwanted dissemination of confidential information by either or both signing parties. It requires the signatory to acknowledge that they’re gaining access to private information, that they cannot disclose the information to unauthorized parties, and that they will be held liable if they breach the NDA.
An Oregon non-disclosure agreement is a contract that prevents the unwanted dissemination of confidential information by either or both signing parties. It requires the signatory to acknowledge that they’re gaining access to private information, that they cannot disclose the information to unauthorized parties, and that they will be held liable if they breach the NDA.
A trade secret is defined as information that is subject to reasonable efforts by its owner to be kept secret, and that derives potential or real economic value due to its confidential nature.[3]