Trade Secret Agreement

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A Trade Secret Agreement is a confidentiality contract that can be used to protect trade secrets. Often, during the course of business negotiations and financiang deals, your company's secret information may be disclosed to third parties or prospective business partners. A Trade Secret Agreement requires that the information be kept confidential or the parties agree to stipulated damages ahead of time. The provisions of the contract usually require the signature of the person receiving the information and legally requires the person to keep the information confidential. If someone who has signed a Trade Secret Agreement with you or your company uses your Trade Secret without your authorization, you can request a court to stop the violator and sue for damages.

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