Trade Secret Definitions (common definition of value omitted)

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Presentation transcript:

Trade Secret Definitions (common definition of value omitted) DTSA UTSA Texas (TUTSA) all forms and types of financial, business, scientific, technical, economic, or engineering information, including patterns, plans, compilations, program devices, formulas, designs, prototypes, methods, techniques, processes, procedures, programs, or codes, whether tangible or intangible, and whether or how stored, compiled, or memorialized physically, electronically, graphically, photographically, or in writing information, including a formula, pattern, compilation, program, device, method, technique, or process all forms and types of information, including business, scientific, technical, economic, or engineering information, and any formula, design, prototype, pattern, plan, compilation, program device, program, code, device, method, technique, process, procedure, financial data, or list of actual or potential customers or suppliers, whether tangible or intangible and whether or how stored, compiled, or memorialized physically, electronically, graphically, photographically, or in writing owner thereof has taken reasonable measures to keep such information secret is the subject of efforts that are reasonable under the circumstances to maintain its secrecy the owner of the trade secret has taken reasonable measures under the circumstances to keep the information secret

Misappropriation Definitions DTSA UTSA Texas (TUTSA) acquisition of a trade secret of another by a person who knows or has reason to know that the trade secret was acquired by improper means Identical to DTSA except for minor stylistic changes Identical to DTSA except for formatting

Identical to DTSA except for minor stylistic changes UTSA Texas (TUTSA) disclosure or use of a trade secret of another without express or implied consent by a person who —used improper means to acquire knowledge of the trade secret; at the time of disclosure or use, knew or had reason to know that the knowledge of the trade secret was— derived from or through a person who had used improper means to acquire the trade secret; acquired under circumstances giving rise to a duty to maintain the secrecy of the trade secret or limit the use of the trade secret; or derived from or through a person who owed a duty to the person seeking relief to maintain the secrecy of the trade secret or limit the use of the trade secret; or before a material change of the position of the person, knew or had reason to know that— the trade secret was a trade secret; and knowledge of the trade secret had been acquired by accident or mistake. Identical to DTSA except for minor stylistic changes Identical to DTSA except for formatting