A trade secret is defined as any valuable business information that is not generally known and is subject to reasonable efforts to preserve confidentiality.
While virtually every business has at least some trade secrets, they are quite fragile because they protect information and resources that are secret, which necessarily means that protection is lost if and when the secret becomes publicly known. For that reason, when other forms of intellectual property protection are available, such as copyright or patent protection, one should carefully weigh the benefits of relying on trade secret protection.
This trade secret agreement will protect you from exploitation by those who either obtain access through improper means, those who obtain the information from one who they know or should have known gained access through improper means, or those who breach a promise to keep the information confidential.
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