This article supplements "What are Trademarks, Copyrights, Trade Secrets?"
Some Trade Secrets are eligible for Patent Registration; however, many businesses opt not to apply for patents, because once it is published as a patent, it no longer has the protection of the Trade Secret laws.
Maintaining a Trade Secret, with the protection of Trade Secret Laws is an alternative to Patent Registration protection; However, this means of protection has it's own risks. Here are a few ways that a Trade Secret can be maintained:
- Well drafted, comprehensive Confidentiality Agreements, Non-Disclosure Agreements, that address trade secrets.
- Non-Compete Agreements
- Executive Contract
- Appropriate Employee Exit Interviews
Related Information and Checklists:
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