ContractCentral.com » Technology » Trade Secret Agreement

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Includes instructions, free checklist. Supported file types: Word, Works, PDF, RTF. Compatible with Mac, Windows, and Linux.

Trade Secret Agreement

Trade secret agreements are best served by being one-time payments. This format provides for royalties. To enact the one time payment, remove the royalty payment and include a one-time payment clause. The reason for this is that trade secrets inevitably “get out” and the burden of royalty payments usually leads to litigation. A one-time payment puts the matter in the past, out of the realm of litigation, as a rule.

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