“Trade Secret” Definition
“Trade secret” means information, including a formula, pattern, compilation, program,
device, method, technique, or process, that:a. Derives independent economic value, actual or potential, from not being generally
known to, and not being readily ascertainable by proper means by, other persons
who can obtain economic value from its disclosure or use; andb. Is the subject of efforts that are reasonable under the circumstances to maintain
its secrecy.