In today’s world, intellectual property can be a company’s most valuable asset. Intellectual property can be trademarks, copyrights, patents, and trade secrets. Trade secrets are only valuable as long as they are kept a secret by a company taking reasonable means under the circumstances to protect the trade secret. Examples of trade secrets are a formula (think Coca Cola®), a client list, a vendor list, know-how, negative know-how, and processes. Measures that trade secret owners take to maintain trade secrets include requiring former employees not to compete for a given period of time or in a geographic area. Trade secrets also can be enforced under the Uniform Trade Secrets Act, which has been enacted by most states. This app offers both employers and employees some guidelines as to what might be an enforceable trade secret or covenant not to compete by giving you a series of questions to consider. This app is not legal advice and is not a substitute for consulting with a qualified attorney. By using this app, Balough Law Offices, LLC, is not acting as your attorney nor are we creating an attorney-client relationship. This app is for information only.