Pet Food Processing - May 2023 - 69
HIGH
EFFICIENCY,
SANITARY,
MIXING &
CONVEYING
Indemnification clauses define when compensation is necessary, and by which party.
©ZAZEN - stock.adobe.com
can provide no evidence to make that
case, Annis said. Confidential is a term
that is typically manufactured and defined
in a contract, he added, in which
a service or manufacturing process is
declared " confidential " in contracting
documents.
Herein lies the key difference between
these two categories of confidential
information and what Annis
described as " the holy grail " - trade
secrets. To legally quality as a " trade secret, "
the information in question must
have independent economic value and,
in the hands of a competitor, could
cause significant harm to a manufacturer
or brand owner. This type of IP must
be protected at all costs, and if trade secrets
and other confidential know-how
are shared in a partnership, they will
need confidentiality provisions in the
contract and, ideally, promises not
to
" reverse engineer " those trade secrets,
Annis noted.
" A trade secret is something that is
not well known - something that your
competitor, if they were armed with that
information, could turn into dollars
readily, " he explained.
In the event that IP is created as a
result of a partnership, the contract
should address this in a provision that
clearly defines which party owns which
A trade secret
is something that is
not well known -
something that your
competitor, if they
were armed with that
information, could turn
into dollars readily. "
Mike Annis, Husch Blackwell
aspect of the IP, or if it will be jointly
owned by both parties, Annis noted.
Indemnification clauses can address
EASY
TO
the allocation of risks and responsibilities
as they relate to IP and product liability.
Indemnity refers to compensation
by one party to another for harm
or loss.
" For example, the manufacturer -
who controls the ingredients and methods
of making - might indemnify the
buyer against claims for patent infringement,
while the buyer might indemnify
the manufacturer against any claims
raised that the sold product infringes
another's trademarks or copyright, as the
buyer usually controls the packaging, labeling
and advertising of the product to
the consuming public, " Annis said.
CLEAN
CARRIER HEYL PATTERSON S.HOWES SLY
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Pet Food Processing - May 2023
Table of Contents for the Digital Edition of Pet Food Processing - May 2023
Pet Food Processing - May 2023 - Intro
Pet Food Processing - May 2023 - FCa
Pet Food Processing - May 2023 - FCb
Pet Food Processing - May 2023 - 1
Pet Food Processing - May 2023 - 2
Pet Food Processing - May 2023 - 3
Pet Food Processing - May 2023 - 4
Pet Food Processing - May 2023 - 5
Pet Food Processing - May 2023 - 6
Pet Food Processing - May 2023 - 7
Pet Food Processing - May 2023 - 8
Pet Food Processing - May 2023 - 9
Pet Food Processing - May 2023 - 10
Pet Food Processing - May 2023 - 11
Pet Food Processing - May 2023 - 12
Pet Food Processing - May 2023 - 13
Pet Food Processing - May 2023 - 14
Pet Food Processing - May 2023 - 15
Pet Food Processing - May 2023 - 16
Pet Food Processing - May 2023 - 17
Pet Food Processing - May 2023 - 18
Pet Food Processing - May 2023 - 19
Pet Food Processing - May 2023 - 20
Pet Food Processing - May 2023 - 21
Pet Food Processing - May 2023 - 22
Pet Food Processing - May 2023 - 23
Pet Food Processing - May 2023 - 24
Pet Food Processing - May 2023 - 25
Pet Food Processing - May 2023 - 26
Pet Food Processing - May 2023 - 27
Pet Food Processing - May 2023 - 28
Pet Food Processing - May 2023 - 29
Pet Food Processing - May 2023 - 30
Pet Food Processing - May 2023 - 31
Pet Food Processing - May 2023 - 32
Pet Food Processing - May 2023 - 33
Pet Food Processing - May 2023 - 34
Pet Food Processing - May 2023 - 35
Pet Food Processing - May 2023 - 36
Pet Food Processing - May 2023 - 37
Pet Food Processing - May 2023 - 38
Pet Food Processing - May 2023 - 39
Pet Food Processing - May 2023 - 40
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Pet Food Processing - May 2023 - 50
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Pet Food Processing - May 2023 - 53
Pet Food Processing - May 2023 - 54
Pet Food Processing - May 2023 - 55
Pet Food Processing - May 2023 - 56
Pet Food Processing - May 2023 - 57
Pet Food Processing - May 2023 - 58
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Pet Food Processing - May 2023 - 60
Pet Food Processing - May 2023 - 61
Pet Food Processing - May 2023 - 62
Pet Food Processing - May 2023 - 63
Pet Food Processing - May 2023 - 64
Pet Food Processing - May 2023 - 65
Pet Food Processing - May 2023 - 66
Pet Food Processing - May 2023 - 67
Pet Food Processing - May 2023 - 68
Pet Food Processing - May 2023 - 69
Pet Food Processing - May 2023 - 70
Pet Food Processing - May 2023 - 71
Pet Food Processing - May 2023 - 72
Pet Food Processing - May 2023 - 73
Pet Food Processing - May 2023 - 74
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Pet Food Processing - May 2023 - 76
Pet Food Processing - May 2023 - 77
Pet Food Processing - May 2023 - 78
Pet Food Processing - May 2023 - 79
Pet Food Processing - May 2023 - 80
Pet Food Processing - May 2023 - 81
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https://www.nxtbook.com/sosland/pfp/pet-food-processing-september-2024
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-july-2024
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-may-2024
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2024
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-january-2024
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-november-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-july-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-may-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-december-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-october-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2022
https://digital.petfoodprocessing.net/sosland/pfp/-pet-food-processing-june-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-december-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-october-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-june-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2021
https://digital.petfoodprocessing.net/sosland/pfp/2020_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_10_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_09_01
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https://digital.petfoodprocessing.net/sosland/pfp/2020_03_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_10_01
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https://digital.petfoodprocessing.net/sosland/pfp/2019_03_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_03_01
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