Sometimes you may want to share trade secret information with someone who is outside of your company. For example, you may want to present information to potential licensees, or you may want to give a visitor a presentation of what your company does. Either way, you are going to want to be able to protect your trade secrets as best you can.
There are a number of ways you can use outsider contracts to protect your trade secrets. Some of the most common ways are:
Under normal circumstances, nondisclosure agreements, cross licenses, and grant back clauses are all legal contractual obligations. However, there are certain things you have to look out for:
If you wish to use an outsider contract to protect or license your trade secret, you may want to contact a trade secret lawyer or a contract lawyer. An experienced lawyer will be able to explain your rights to you and draft a contract that meets both your needs and the needs of the outside party.
Last Modified: 02-11-2013 02:34 PM PSTLaw Library Disclaimer
We've helped more than 4 million clients find the right lawyer – for free. Present your case online in minutes. LegalMatch matches you to pre-screened lawyers in your city or county based on the specifics of your case. Within 24 hours experienced local lawyers review it and evaluate if you have a solid case. If so, attorneys respond with an offer to represent you that includes a full attorney profile with details on their fee structure, background, and ratings by other LegalMatch users so you can decide if they're the right lawyer for you.