Trade Secret

Trade Secret shall mean information in the field of technology and/or business that is not known by the public and has economic values as it is useful in business activities, and the confidentiality of which is maintained by its owner.

Right to Trade Secret shall mean the right to trade secret that emerges based on this Law.

License shall mean a permission which is granted by the Right Holder to Trade Secret to another party by means of an agreement based on the grant of right (not the transfer of right), to enjoy the economic benefit of a trade secret which is granted a protection for a given period of time and with certain requirements.

The scope of protection on Trade Secret shall include methods of production, methods of processing (preparation), methods of selling, or other information in the field of technology and/or business that has economic values and is not known by the public in general.