Proprietary information is any information that deals with the activities, business or products of a company. More specifically, some things that commonly fall under this umbrella include trade secrets, financial data, product research and development, computer software, business processes and marketing strategies. In the vast majority of cases, whenever a new employee signs a contract with a company, that contract goes into detail about the kind of information that is considered proprietary and that should therefore remain within the company. This is largely a kind of insurance for companies to protect the materials that give them their competitive edges on the market.
Legal Disclaimer
The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice. For assistance with legal problems or for a legal inquiry please contact you attorney.