Trade Secret Agreement Template for Philippines

1. Non-Competition: Restrictions on competitive activities, used when there's a risk of competitive advantage through knowledge of trade secrets

2. Non-Solicitation: Prevents solicitation of employees or customers, included when there's direct contact with key stakeholders

3. Assignment and Succession: Rules for transferring rights under the agreement, included for long-term or high-value agreements

4. Insurance Requirements: Mandatory insurance coverage, included for high-risk or high-value trade secrets

5. Audit Rights: Right to audit compliance with security measures, used for highly sensitive information

6. Third Party Rights: Rights of third parties who may have interests in the trade secrets

7. Data Privacy Compliance: Specific provisions for compliance with the Data Privacy Act, when trade secrets include personal data

8. Digital Security Measures: Specific provisions for digital protection, when trade secrets are stored or transmitted electronically

1. Schedule A - Description of Trade Secrets: Detailed description of the specific trade secrets covered by the agreement

2. Schedule B - Authorized Personnel: List of personnel authorized to access the trade secrets and their level of access

3. Schedule C - Security Protocols: Detailed security measures and protocols to be followed

4. Schedule D - Permitted Purpose: Detailed description of the permitted use of the trade secrets

5. Appendix 1 - Form of Confidentiality Undertaking: Template for confidentiality undertaking to be signed by employees or subcontractors

6. Appendix 2 - Notification Requirements: Procedures and contact details for required notifications under the agreement