Briefly Explain the Three Distinct Time Frames When Secrecy Provisions

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The Answer is When a licensed technology is a trade secret,the agreement should contain a confidentiality clause that restricts the licensee's right to disclose the information.There are three distinct time frames when secrecy provisions can be utilized.First,a licensee may insist on a limited right to inspect the licensor's technology before entering the licensing agreement to ensure that the licensing relationship will be worthwhile.When this occurs the licensee is generally required to sign a contract prohibiting it from using the technology or disclosing it to others.Second,during the life of the licensing agreement,the licensor may wish to restrict the number of people with whom the licensee will share its trade secrets.Finally,the licensor generally insists that the licensee promise not to use or disclose the trade secrets after the licensing agreement has ended.

Briefly Explain the Three Distinct Time Frames When Secrecy Provisions

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