Chipotle inc! Protecting IP: Patents and Trade Secrets.
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Transcript of Chipotle inc! Protecting IP: Patents and Trade Secrets.
Noxid Recreation Center
Larger recreation center
Employing over 200 employee.
Have a few weight rooms, several basketball and racquetball courts, an indoor track, Olympic size pool and diving well, as well as an indoor climbing wall.
Problem DescriptionOne of the Noxid employees has created a
new machinePatenting and patent enforcementBest, fastest, and cost productive wayWhat are the costs associatedHow long does it take
How does Noxid create barriers to keep employees from taking their training and leavingHow do we keep our employees from using
us for training
Patents
Definition- A set of exclusive rights granted by a state to an inventor or his assignee for a fixed period of time in exchange for a disclosure of an invention
Invention- Must be New, Inventive, Useful or Industrially applicable.
Primarily on codified Federal Law
Utilization Patents
Invention- Must be New, Inventive, Useful or
Industrially applicable. Noxid Recreation Center - Developed
new revolutionary machine Utility Patent1. General Utility2. Specific Utility3. Moral or beneficial utility
Patent Process1. Develop/Invent Idea2. Determine if it can be patented
i. Meet 3 Requirements:• Novelty• Non-Obviousness• Utility
3. Perform a patent search4. Apply for your patent (regular patent
requirements)i. 2 Parts• Specification• Claims
IP: Patent– Professional HelpSvitek Law Group
Web Site
Ideal for Small businesses
Full service business law including patent help and no compete or any other business contract
Cost: Hourly RateBe organized a efficient all interaction is billed
Trade SecretsDefinition- Formula, practice,
process, design, instrument, pattern, or compilation of information - not generally known or reasonably ascertainable
“Confidential Information" or “Classified Information".
Based primarily on state law
Trade Secrets UtilizationMark computer files and documents with a
confidential warningRestrict access to the trade secret to only
those that really need to knowMake anyone you disclose information to
sign a non-disclosure agreementKeep information enclosed in a secured
areaImportant to retain key employees
Provide enough incentive for them not to “jump ship”
Concept Maps
Applying For a Patent
Patent Search
Machine New Idea
Write Specificati
on
Write Claim
Get Machine Patented
Machine Already Patented
Trade Secret Protection
Protect and Secure Secret Documents
Hire Attorney
Employee Non-
Disclosure Agreements
Non-Compete Clauses
Case Study/Patent EnforcementPatent enforcement is the process of legally maintaining
one's patent grant. If an infringed patent is not enforced for many years, a patentee may lose the patent grant
Due diligence in preparation of enforcing a patent could save literally millions of dollars in legal fees
Due diligence in preparation of enforcing a patent could save literally millions of dollars in legal fees
GPCIWeb Page
Patent HawkWeb Page
Overall RecommendationsDecide whether you can afford legal
assistance or not.If so contact either your current lawyer or
Svitek Law and they will assist you along the way
Search the Patent database to ensure your invention qualifies
Fill out the paper work at the US Patent website
Create a no compete contractAll trade secret materials should be handled
as such and take due diligence to keep them secrets
Maintain your PatentsMake Millions!