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Trade Secret Agreement Template

PN
By Penno TeamCreated 2/5/2025
Legal DocumentsAgreementsContracts

Trade Secret Agreement

This Trade Secret Agreement (the "Agreement") is made and entered into as of [Date] by and between [Disclosing Party] and [Receiving Party].

1. Definition of Trade Secrets

For the purposes of this Agreement, "Trade Secrets" shall include all confidential and proprietary information disclosed by the Disclosing Party to the Receiving Party, including but not limited to:

  • Business strategies

  • Customer lists

  • Financial information

  • Technical data

2. Obligations of the Receiving Party

The Receiving Party agrees to:

  1. Maintain the confidentiality of the Trade Secrets.

  2. Not disclose the Trade Secrets to any third party without prior written consent from the Disclosing Party.

  3. Use the Trade Secrets solely for the purpose of [specific purpose].

3. Exclusions from Trade Secrets

Trade Secrets do not include information that:

  • Is or becomes publicly known through no breach of this Agreement.

  • Is received from a third party without breach of any obligation of confidentiality.

  • Is independently developed by the Receiving Party.

4. Term

This Agreement shall commence on the date first written above and shall continue in effect until terminated by either party with [number] days written notice.

5. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [State/Country].

6. Signatures

IN WITNESS WHEREOF, the parties hereto have executed this Trade Secret Agreement as of the date first above written.

[Disclosing Party Signature] ______________________ [Date]

[Receiving Party Signature] ______________________ [Date]

A template for creating a Trade Secret Agreement to protect confidential information.
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This template provides a comprehensive framework for creating a Trade Secret Agreement, ensuring the protection of confidential information between parties.

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