Define: Proprietary Data

Proprietary Data means confidential trade secrets or commercial information developed privately, having a restrictive notice, and not commonly available

Proprietary Data means confidential trade secrets or commercial information developed privately, having a restrictive notice, and not commonly available.

Relevant Circumstances

  • During a partnership formation where proprietary information needs to be shared.
  • Licensing proprietary software to another party.
  • Establishing a franchise where proprietary standards and operations are involved.
  • Entering a joint venture where proprietary methods or trade secrets are shared.

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