TRADE SECRET PROTECTION POLICY

This Trade Secret Protection Policy (hereinafter referred to as” Policy”) is effective from [INSERT DATE ON WHICH THE POLICY COMES INTO FORCE] and applies to all the employees and staff of the [INSERT COMPANY NAME] (hereinafter referred to as “Us” or “we” or “Company”).

This policy outlines the clear standards and practices to be followed by every employee of the company, to ensure the security and protection of confidential information of the [INSERT COMPANY NAME]. By upholding these values we can collectively contribute to the success of our company and maintain the trust and confidence of our customers.

1. PURPOSE
   1. The purpose of this policy is to outline guidelines and procedures for the effective management of Company’s valuable information. This includes protection, identification and handling of trade secrets belonging to the Company. It aims to ensure that employees and staff of the company understand the importance of safeguarding confidential information and are aware of their responsibilities in preventing unauthorized disclosure or misuse of trade secrets. We encourage our employees to familiarize with the guidelines outlined in this policy and to seek guidance when facing ethical dilemmas.
2. SCOPE
   1. This policy applies to all employees, contractors or any third-party including full-time, part-time, temporary, at all levels within the Company. In circumstances where an employee’s conduct may involve a breach of this policy. The Company might take disciplinary or termination actions based upon the set guidelines in this policy.
3. DEFINITION OF TRADE SECRETS
   1. Trade secret are defined as confidential information, including formulas, designs, processes or any intellectual property that is not known to the outside world and is kept as confidential. Such information provides a competitive advantage and therefore requires secrecy.
4. IDENTIFICATION OF TRADE SECRETS
   1. Employees, contractors or any third party working within the Company are responsible for maintaining and safeguarding the trade secrets in their possession.
   2. Employees must exercise caution while handling trade secrets to ensure their confidentiality and prevent unauthorized disclosure or misuse. If unsure, employees can consult senior members of the Company to help identify such information.
5. PROTECTION MEASURES
   1. Our Company employs the following measures to safeguard trade secrets:
      1. Trade Secrets of the Company should be stored securely, whether in physical or electronic form, to prevent unauthorized access, use, or disclosure.
      2. Appropriate technical and organizational measures should be implemented to protect confidential information against accidental or unlawful destruction, loss, alteration, or unauthorized access.
      3. Access to Trade secrets should be restricted to authorized personnel on a need-to-know basis.
      4. All devices of the Company containing sensitive information and data must be secured by the security personnel when not in use. The devices or other systems of the facility such as computers or mobile devices must be encrypted, and password protected.
      5. Employees must maintain the confidentiality of the company and information. Sharing information related to trade secrets with unauthorized individuals is strictly prohibited.
6. REPORTING VIOLATIONS
   1. Employees working within the Company who suspects or becomes aware of any unusual activity such as unauthorized disclosure or misuse of trade secrets, must immediately report it to their supervisor or [INSERT DESIGNATED REPORTING AUTHORITY].
   2. Upon receiving a report, Our Company will conduct a prompt and thorough investigation. The investigation will aim to gather all relevant information and take appropriate actions based on the findings. After the investigation is complete, Company will take corrective actions as necessary, which may include disciplinary measures, termination or any other actions to prevent further violations and ensure a safe and respectful work environment.
7. COMPLIANCE WITH THE LAWS REGULATIONS
   1. All the employees must adhere to the required applicable laws and regulations. This includes laws related to [INSERT APPLICABLE LAWS SPECIFIC TO INDUSTRY AND EMPLOMENT]. The employee must comply with company’s policies and procedures with respect and dignity. We expect our employees to be ethical and responsible when dealing with our company’s finances, products, partnerships and public image.
   2. Employees must stay informed about the laws relevant to their roles and responsibilities and ensure that their actions and decisions align with legal standards of the Company.
   3. Our Company is committed to conducting its business ethically and reliably within the bounds of the law, and we reply on each employee’s commitment to maintaining the highest standards of legal compliance.
8. CONFIDENTIALITY, INFORMATION SECURITY, PROPRIETARY INFORMATION AND INTELLECTUAL PROPERTY
   1. We are committed to business information confidentiality, integrity and accessibility, we implement proper technical security measures this and it is our staff’s obligation to uphold this. Proprietary information includes all non-public information that might be harmful to the company or its customers, business partners if disclosed to unauthorised parties. All staff must handle any such information as secret. It also covers that, no one is entitled to trade with securities while in possession of non-public information or deliver non-public information to others that could have impact on the securities. Every rule ensuring information security must be followed all times.
   2. We respect the property rights of others. We will not acquire or seek to acquire trade secrets or other proprietary or confidential information by improper means. We will not engage in unauthorized use, copying, distribution or alteration of software or other protected intellectual property.
9. CHANGES TO THE POLICY
   1. We reserve to right to update and make changes to this policy from time to time based on the working conditions of the Company. The Company on updating this policy will inform the members of the Company.
10. FURTHER INFORMATION
    1. For any queries or further Information regarding our Company or about this Policy, the concerned person can contact us through email[INSERT EMAIL ADDRESS OF THE COMPANY]
11. ACKNOWLEDGEMENT
    1. We expect all employees to adhere to this policy of the Company. The Company will apply this policy consistently and fairly to ensure a harmonious and productive workplace for all.
    2. By signing below, you acknowledge that you have carefully read and understood the terms and contents of this policy.
    3. You acknowledge that you will follow the set guidelines of this policy as well as of the Company and failure to do so, the Company can take Disciplinary action against such person.

COMPANY                    

[INSERT NAME OF THE COMPANY]

Authorized Signature