Chapter 7 Flashcards
duty of loyalty
an employee refrain from acting in a manner contrary to the employer’s interest
Duty of confidentiality
maintain the secrecy of proprietary material
trade secrets
emplloyers want to protect these
Informtaiton that has economic value because it is not generally known to the public and is kept secret by reasonable means
non-disclosre agreemnt
NDA - used to protect against the theft of trade secrets and proprietary information
non-compete agreement
another layer of confidentiality - ensuring that employees with access to sensitive information will not compete with the company during or for some period after their employment
intellectual property
the manifestation of original ideas protected by legal means such as patent, copyright, or trademark.
non-solicitation clause
prevents an employee from leaving then job and then attempting to lure clients from the previous employer
non disparagement clause
an agreement that keeps an ex employee from defaming or ruining the reputation of an employer