Canada Trade Secret Deposit and Protection Agreement

Protect your proprietary data with this Trade Secret Deposit and Protection Agreement for Canadian businesses.

• The Agreement is made between the owner of the trade secrets and a trustee who will hold the documentation about the trade secrets in trust, in order to maintain the audit trail documenting the ownership and creation dates of the trade secrets.
• Title to all the deposited materials 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 Canada Trade Secret Deposit and Protection Agreement template is downloadable and fully editable to meet your business needs.