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Trade Secret: Defined
Information that an owner takes reasonable action to keep secret and has independent economic value (potential or actual) qualifies as a trade secret.[3]
A Texas non-disclosure agreement is a legally binding contract that prevents the sharing of confidential information by those who sign it. The agreement is often used when hiring new employees or when entering into a business partnership. It sets forth the obligations of both signing parties, their relationship, and defines what constitutes confidential information.
A Texas non-disclosure agreement is a legally binding contract that prevents the sharing of confidential information by those who sign it. The agreement is often used when hiring new employees or when entering into a business partnership. It sets forth the obligations of both signing parties, their relationship, and defines what constitutes confidential information.
Information that an owner takes reasonable action to keep secret and has independent economic value (potential or actual) qualifies as a trade secret.[3]