Trade Secret

The Uniform Trade Secrets Act defines a trade secret as:

(a) information, including a formula, pattern, compilation, program, device, method, technique, or process,

(b) that derives independent economic value, actual or potential, from not being generally known to or readily ascertainable through appropriate means by other persons who might obtain economic value from its disclosure or use; and

(c) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.


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