Trade Secrets
"A trade secret may consist of any formula, pattern, device or compilation of information which is used in one's business, and which gives him an opportunity to obtain an advantage over competitors who do not know or use it. It may be a formula for a chemical compound, a process of manufacturing, treating or preserving materials, a pattern for a machine or other device, or a list of customers.” (http://www.mindspring.com/~moceyuna/secrets1.html)
Term: as long as it is maintained as secret
Governed by state law- this can vary dramatically
Do not need to file with the government; action determines if considered a trade secret
Must be maintained as secret, no almosts; web publication kills
Confidentiality agreements used to protect