What is an example of proprietary information?
Material and information relating to or associated with a companys products, business, or activities, including but not limited to financial information; data or statements; trade secrets; product research and development; existing and future product designs and performance specifications; marketing plans or
What is its proprietary information?
Proprietary information encompasses virtually anything a business uniquely does or creates. It includes corporate intellectual property with federal protections, such as patents, copyrights, and trademarks, as well as confidential information, know-how, and trade secrets.
What does a Companys proprietary information include?
Proprietary Information shall include, but not be limited to, domain names, trade secrets, copyrights, ideas, techniques, know-how, inventions (whether patentable or not), and/or any other information of any type relating to designs, configurations, toolings, documentation, recorded data, schematics, circuits, mask
Is sharing Company secrets illegal?
Many states, and the federal government, have enacted laws to penalize people who acquire and misappropriate trade secrets for economic benefit. Unlike noncompete agreements, the misappropriation of trade secrets doesnt generally come with geographic boundaries or limitations.
What is the meaning of proprietary information?
Proprietary information, also known as a trade secret, is information a company wishes to keep confidential. Proprietary information can include secret formulas, processes, and methods used in production.
What is co proprietary information?
Company Proprietary Information means any and all information related to the Business, the Company or any Company Subsidiary that has not been or is not made generally available to the public without restriction on use or disclosure, by the Company or the Company Subsidiaries prior to the Closing Date.
What is the difference between CIIA and PIIA?
CIIA stands for Confidential Information and Invention Assignment. This is just another name for a Proprietary Information and Inventions Assignment (PIIA). Some other names this type of agreement may go by include: Employee Confidentiality and Inventions Assignment Agreement.
What is the difference between proprietary and non proprietary information?
Proprietary information dictates not only secrecy, but also economic values that have been reasonably protected by their owner. Unless otherwise specified, the term confidential information does not purport to have ownership. But the term proprietary information almost always declares ownership/property rights.
