Define: Trade Secrets
What does "Trade Secrets" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.
Definition 1 (Booking Holdings Inc., seen in 1 filing)
Trade Secrets means any trade secrets, research records, processes, procedures, manufacturing formulae, technical know-how, technology, blue prints, designs, plans, inventions (whether patentable and whether reduced to practice), invention disclosures and improvements thereto.
Source: Booking Holdings Inc. S-1
Definition 2 (AUTOZONE INC, seen in 1 filing)
Trade Secrets means any information, including without limitation, any technical or non-technical data, works of authorship, formulas, patterns, improvements, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, technology, software design, code, list of actual or potential customers or suppliers or other information similar to any of the foregoing, that (a) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can derive economic value from its disclosure or use, and (b) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Source: AUTOZONE INC 10-K
Definition 3 (CRH PUBLIC LTD CO, seen in 1 filing)
Trade Secrets means any information or material which qualifies as such under applicable statutory or common law, including, without limitation, ideas, research and development, know-how, formulas, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information and business and marketing plans and proposals and any other information in whatever form (written, oral, visual and electronic) concerning the confidential affairs of the Group.
Source: CRH PUBLIC LTD CO 10-K
Data extracted from 5 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.