USA Trade Secret Deposit and Protection Agreement

Protect your intellectual property with this USA Trade Secret Deposit and Protection Agreement.

• The Agreement is between the owner of the trade secrets and a trustee who will hold the trade secrets in trust.
• The owner deposits certain confidential business documentation with the trustee in order to maintain the audit trail documenting the ownership and creation dates of the trade secrets.
• The ownership of all materials deposited with the trustee remains with the owner.
• The trustee will keep the information confidential and will not disclose any of such information to third parties.
• The trustee will not be liable for any damages, and the owner indemnifies the trustee against liability or costs associated with its good faith actions under the agreement.
• If the trustee is called upon to take part in any legal proceedings, the owner will pay all costs incurred by the trustee, and pay the trustee a per diem or per hour rate.

This USA Trade Secret Deposit and Protection Agreement template is available in Microsoft Word format and is fully editable to meet your business needs.