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Full opinion text

ORDER & OPINION

JOE BILLY McDADE, United States Senior District Judge

This matter is before the Court on cross-motions for summary judgment. Each of the three parties has filed a Motion for Summary Judgment, and each Motion is fully briefed. A discovery motion (Doc. 98) relating to evidentiary issues is also before the Court. For the reasons explained below, Plaintiff First Financial’s Motion for Summary Judgment is granted in part with respect to Counts I, III, and IV and otherwise denied, Defendant Bauk-necht’s Motion for Summary Judgment is granted with respect to Counts V and VIII, granted in part with respect to Count IV, and otherwise denied, and Defendant State Bank of Graymont’s (“Gray-mont”) Motion for Summary Judgment is granted with respect to Counts VI, VII, and VIII, granted in part with respect to Count IV, and otherwise denied. Gray-mont’s discovery motion is granted in part and denied in part.

Procedural History

Plaintiff filed the present case on December 13, 2012, bringing numerous claims relating to Defendant Scott Bauknecht’s transition from employment with Plaintiff to his subsequent employment with Defendant Graymont. Plaintiff brings eight claims: breach of contract against Defendant Bauknecht (Count I), breach of fiduciary duty against Defendant Bauknecht (Count II), misappropriation of trade secrets against both Defendants (Count III), conversion against both Defendants (Count IV), violation of the Federal Computer Fraud and Abuse Act against Defendant Bauknecht (Count V), tortious interference with contract against Defendant Graymont (Count VI), tortious interference with prospective economic advantage against both Defendants (Count VII), and civil conspiracy against both Defendants (Count VIII).

Defendants previously moved to dismiss, in part, Plaintiffs Complaint. These motions were granted in part and denied in part, pursuant to the Report and Recommendation by Magistrate Judge Cudmore, to which no objections were filed and which was thus adopted by the Court. (Doc. 25). As a result, Plaintiffs Count TV was limited to conversion of property that does not constitute trade secrets. (Doc. 25 at 2). No other claims were dismissed. After the discovery period, which included several discovery disputes, this matter now proceeds to summary judgment.

Discovery Motion

After the close of discovery, Defendant Graymont filed a Motion to Overrule Objections and Allow Use of Answers and Admissions (Doc. 98). This Motion was filed under seal, because it contains extensive quotations from a deposition that contain some potentially confidential information. Because the ruling on this Motion can be given without describing any confidential information, it is contained herein and not under seal.

A deposition of Plaintiffs General Auditor Barry Stuck, pursuant to Federal Rule of Civil Procedure 30(b)(6), was taken on April 3, 2014. In response to several questions about Plaintiffs investigation and proof in this case, Plaintiffs counsel objected, primarily on the basis of work product. The answers in dispute are all subject to this objection, and many of the answers are accordingly specified by Plaintiffs counsel to be only based on Mr. Stack’s personal knowledge, not as a representative of Plaintiff.

At various times in the deposition, Defendant Graymont questioned Mr. Stuck about the proof Plaintiff had to prove its case and on what evidence Plaintiff was basing its claims. For example, Graymont asked what information and materials are being referenced in paragraph nineteen of the Complaint, which alleges the use of confidential information taken from Plaintiff under Count III. Mr. Stuck responded that he was only aware of one particular list of names. Graymont seeks to use this information as an admission that no other evidence supports Count III.

Under Rule 30(b)(6), a party may depose a corporation or other organization through a designated representative. This representative testifies on behalf of the organization about the identified topics. The work product doctrine protects from discovery documents and items prepared in anticipation of litigation by a party or its representative. Fed.R.Civ.P. 26(b)(3). The “mental impressions, conclusions, opinions, or legal theories of a party’s attorney or other representative concerning the litigation” are specifically protected. Fed.R.Civ.P. 26(b)(3)(B). However, it does not protect the discovery of facts, only the legal theories drawn from the facts. S.E.C. v. Buntrock, 217 F.R.D. 441, 446 (N.D.Ill.2003) (“Such discovery clearly seeks not the facts, but the manner in which the SEC intends to marshal them.”).

Defendant Graymont was not seeking to obtain any documents or items prepared in anticipation of litigation. Accordingly, the work product doctrine does not apply. But there is a somewhat related, unarticulated problem with the questions. The problem with Defendant Graymont’s questions is not necessarily the information they were attempting to obtain, but Graymont’s intended use of the answers. Graymont was trying to pin Plaintiff down to make admissions about its claims by questioning its representative about the facts in support.

Questions about legal theories or requiring the application of law are better answered through interrogatories. See United States v. Taylor, 166 F.R.D. 356, 362 n. 7 aff'd, 166 F.R.D. 367 (M.D.N.C.1996). “Whether a Rule 30(b)(6) deposition or a Rule 33(c) contention interrogatory is more appropriate will be a case by case factual determination.” Id.

Here, the topics of Defendant Gray-mont’s questions are more appropriate for contention interrogatories. They ask what evidence or facts were or will be used to support each of Plaintiffs claims. This is more appropriately done in the form of written interrogatories, as they are filtered through an attorney that is familiar with the case, the discovery, and the law. See Beloit Liquidating Trust v. Century Indent. Co., 02 C 50037, 2003 WL 355743, at, *5-6 (N.D.Ill. Feb. 13, 2003) (concluding 30(b)(6) deposition topic of factual basis for claim more appropriate for written interrogatories). Mr. Stuck could not be expected to review the entirety of discovery productions and apply the law behind the various claims and reach a complete and conclusive answer about what evidence supports which claims. Plaintiffs objection was geared toward preventing Gray-mont from doing what it correctly anticipated Graymont would do: try to limit Plaintiffs claims to the evidence known to Mr. Stuck. Defendant Graymont could have filed a contention interrogatory to obtain such information, but did not, and discovery has now closed. The Court finds that although Plaintiffs stated grounds for the objection were not entirely accurate, the end result is adequate. Mr. Stack’s testimony about the facts in support of the claims was limited to his personal knowledge, to avoid Defendant Graymont using them as evidentiary admissions. This is a happy medium, and requires no further relief from the Court.

However, there is one line of questioning which is removed enough from an attempt to limit Plaintiffs proof, and based more on factual information, for which Plaintiffs objection is overruled. Defendant Graymont asked about the inspection or forensic examination that was conducted of Bauknecht’s computer after he left his employment with Plaintiff. This is a reasonable line of questioning, not asked with respect to specific complaints or seeking to limit evidence Plaintiff could use to support its claims, but merely seeking facts. Defendant Graymont was entitled to answers from Plaintiff, as a corporate entity, as to the inspection of Bauknecht’s computer after he left, and this is not work product or otherwise more appropriate to obtain through interrogatories. Accordingly, this objection is overruled. However, it is not clear that any further remedy is necessary at this stage, as Mr. Stuck provided answers to the questions presented, and apparently even answered them as a corporate representative. Thus, Defendant Graymont’s discovery-related motion is granted in part, and denied in part.

Summary Judgment Standard

Summary judgment shall be granted where “the movant shows that there is no genuine dispute as to any material fact and the movant is entitled to judgment as a matter of law.” Fed.R.Civ.P. 56(a). In ruling on a motion for summary judgment, the Court must view the evidence in the light most favorable to the non-moving party. SMS Demag Aktiengesellschaft v. Material Scis. Corp., 565 F.3d 365, 368 (7th Cir.2009). All inferences drawn from the facts must be construed in favor of the non-movant. Moore v. Vital Prods., Inc., 641 F.3d 253, 256 (7th Cir.2011).

To survive summary judgment, the “nonmovant must show through specific evidence that a triable issue of fact remains on issues on which he bears the burden of proof at trial.” Warsco v. Preferred Technical Grp., 258 F.3d 557, 563 (7th Cir.2001) (citing Celotex Corp. v. Catrett, 477 U.S. 317, 324, 106 S.Ct. 2548, 91 L.Ed.2d 265 (1986)). If the evidence on record could not lead a reasonable jury to find for the non-movant, then no genuine issue of material fact exists and the mov-ant is entitled to judgment as a matter of law. See McClendon v. Ind. Sugars, Inc., 108 F.3d 789, 796 (7th Cir.1997). At the summary judgment stage, the court may not resolve issues of fact; disputed material facts must be left for resolution at trial. Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 249-50, 106 S.Ct. 2505, 91 L.Ed.2d 202 (1986).

Cross-motions for summary judgment are considered separately, and each party requesting summary judgment must satisfy the above standard before judgment will be granted in its favor. See Tegtmeier v. Midwest Operating Eng’rs Pension Trust Fund, 390 F.3d 1040, 1045 (7th Cir.2004); Santaella v. Metro. Life Ins. Co., 123 F.3d 456, 461 (7th Cir.1997). Thus, the facts are construed in favor of the non-moving party, which differs depending on which motion is under consideration. Tegtmeier, 390 F.3d at 1045.

Factual Background

Defendant Scott Bauknecht (“Bauk-neeht”) began working for Pontiac Nation-. al Bank (“PNB”) in 1995. In 2006, the bank changed its name to Freestar, and • Freestar eventually merged with Plaintiff-First Financial Bank on December 30, 2011. At the time of this merger, Bauk-necht was an Agricultural Loan Officer, as well as a Community Bank President.

Bauknecht’s Confidentiality Agreement and First Financial’s Security Protocol

While Bauknecht was employed with PNB, he received an employee handbook in February 1996. PNB had a policy of keeping information such as customer account information, financial data and personal information confidential. While it was called Freestar, the bank had a policy of forbidding employees from disclosing or using confidential customer information during or after employment. Freestar also required encryption of data copied onto laptops or other devices. On June 6, 2002, Bauknecht signed a Confidentiality Agreement with PNB, in which he agreed not to disclose confidential customer information for a period of two years. Such information includes:

all or any part of the Bank’s customer accounts; customer financial records or related information; any existing or subsequently created customer or potential customer lists; ... trade secrets ...; information regarding products and services offered by the Bank; and any other documents made, compiled, obtained or acquired by the Employee during employment concerning any customer or product or service offered by the Bank.

(Pl.’s Ex. 17, Doc. 109-7 at 1). To access financial information on Freestar’s or Plaintiffs computers, the user must have the proper security codes.

On October 11, 2011, Bauknecht learned of the potential merger between Freestar and Plaintiff. The merger closed on December 30, 2011. Bauknecht' retained his employment, in the same office.

Bauknecht’s Subsequent Employment with Graymont

On either December 24 or December 31, 2011, Bauknecht spoke on the phone with Ronald Minnaert (“Minnaert”), president of Graymont, a competitor of Plaintiff. Bauknecht and Minnaert discussed the possibility that Bauknecht might work for Graymont, but the exact content and tone of the discussion is disputed. On January 10, 2012, Graymont’s Board of Directors met, and voted to approve hiring Bauk-necht as a loan officer. The nature of Bauknecht’s acceptance of this offer is disputed, ' though no formal written offer or acceptance is on the record. On the weekend of January 21-22, 2012, Bauknecht' went into the office at Plaintiff bank, and packed up his office. On that Monday, January 23, 2012, Bauknecht quit without giving prior notice to Plaintiff and signed employment paperwork with Graymont. Bauknecht’s salary at Graymont is based upon his loan volume.

Bauknecht’s Transition to Graymont

The parties dispute several details concerning Bauknecht’s actions around the time of his transition from First Financial to Graymont. The following facts are undisputed.

After leaving his employment with Plaintiff, Plaintiff asked Bauknecht to return his keys and provide his voicemail password. At least twice, Bauknecht gave the wrong password. Bauknecht took with him soil maps, as well as farm equipment guides, upon leaving his employment. The soil maps were purchased by Bauknecht, but the farm equipment guides belong to Plaintiff and were returned to it at a deposition for this litigation.

On January 24, 2Ó12, Bauknecht drafted a letter on Graymont letterhead that discussed his new employment at Graymont. Bauknecht wrote in his letter that his “clients will continue to come first,” and told recipients, “[i]n the next couple of weeks I will be calling on you personally.” He concluded with his contact information and a note that he “look[s] forward to serving your banking needs.” (Pl.’s Ex. 13, Doc. 109-6 at 1). The letter was sent to seventy-three people, including many customers of Plaintiffs. Minnaert personally reviewed and approved the sending of this letter.

After sending this letter, Bauknecht followed up with many of the recipients. About half of them called him directly, and he also called an additional twenty to thirty percent later. A number of the list’s recipients, including customers of First Financial, moved their loans to Graymont, where Bauknecht handles approximately $20 million of the bank’s $110 million loan portfolio.

In April 2012, Bauknecht created a document that listed several loans closed at Graymont through March 2012, four loans that were in the “pipeline” and expected to close by the end of 2012, and a list of about thirty individuals on his “calling list” that he intended to “continue to work on” in 2012. (Pl.’s Ex. 15, Doc. 111-10 at 1-2). This document notes that over $15 million in loans were “moved over” since Bauk-necht began his employment with Gray-mont, and that they were the “low hanging fruit,” anticipating that obtaining more-loans would be more difficult. This document also identifies those customers who farm land managed by Plaintiff, which Bauknecht knew because of his former employment.

It is further undisputed that Bauknecht told Graymont the amount of money that one of Plaintiffs customers carried in its deposit accounts, or at least provided his best estimate of how much money the customer carried. He also told Graymont that the deposit account held money that was used to offset the cost of the customer’s use of First Financial’s Remote Deposit Capture.

The following facts remain in dispute. Defendants insist that Bauknecht created this list of seventy-three people to which to send the letter from memory after he left his employment with Plaintiff; Plaintiff has no evidence to the contrary, but suggests a jury could infer otherwise.

Plaintiff also suggests that Bauknecht obtained customer names and contact information from two additional documents: a document that it refers to as a “Master Database” and two lists of open loans.

There is another document, referred to by Plaintiff as a “Master Database.” This list contains names of 615 individuals, and includes contact information for a portion of them, notes about them, and other miscellaneous data. (Pl.’s Ex. 8, Doc. 111-4). Bauknecht asserts that he stored the contact information for his friends, relatives, business acquaintances, professional and business service providers, and customers on his cell phone, and did so between 1995 and 2011. (Decl. of Scott Bauknecht, Doc. 104-1, at ¶ 3). The parties all dispute the origins of the master database and the manner in which Bauknecht obtained it.

Bauknecht also retained an iPad, given to him by Freestar, after his employment with Plaintiff ended. Freestar allowed its employees to use the iPads for personal use. Discovery revealed that Bauknecht’s iPad contained two lists of open loans, one showing the loans Bauknecht serviced while employed by Plaintiff, and the other showing the loans managed by Plaintiffs junior loan officer, Dustin Smith. (Pl.’s Ex. 9, Doc. 111-5). Bauknecht transferred the documents to the iPad on January 9, 2012, and also sent it to his personal email account. Bauknecht claims this was approved by Plaintiff and that he transferred the documents in order to prepare for a meeting. Plaintiff claims that Bauknecht transferred the documents in an effort to poach customers.

Finally, both Bauknecht and Graymont had in their possession a number of Plaintiffs financial documents, including collateral schedules and financial documents such as loan agreements and note modifications. It is undisputed that Bauknecht and Graymont obtained certain information through their customers. But the parties dispute the ways in which Defendants came into possession of other documents.

First Financial’s Losses

It is undisputed that a number of Plaintiffs customers took their business to Graymont. The parties, however, dispute the reasons why this happened. Plaintiff argues that Defendants’ misdeeds directly caused it to lose its business, but Defendants’ argue that Plaintiffs declining reputation in the small community that it served, coupled with the ordinary business loss that accompanies the transition of employees, resulted in the loss.

Discussion

As explained below, there are disputed facts that preclude judgment in favor of any party with respect to some of Plaintiffs claims. For others, there is no genuine dispute of material fact, and judgment may be awarded. The Court addresses each claim separately, below. First, a preliminary matter concerning an alleged admission is addressed.

Bauknecht’s Indemnification Letter

Shortly after the initiation of this litigation, counsel for Bauknecht wrote a letter to counsel for Graymont. In this letter, Bauknecht’s counsel states:

All actions attributed to Bauknecht in the complaint were either known to or authorized by appropriate officers of the State Bank of Graymont. Accordingly, Bauknecht hereby makes demand upon Graymont to save, hold harmless and indemnify him for any and all damages that may accrue including without limitation, reasonable attorney’s fees. Additionally, we request that you send to the undersigned any and all insurance policies in force at the time of the facts described in the complaint which may cover Bauknecht’s actions as an officer/employee of State Bank of Gray-mont. ...

(Pl.’s Ex. 3, Doc. 111-2). This passage is nearly the entirety of the letter.

Plaintiff argues this letter, particularly the first sentence of the passage recited above, should bring the litigation to an end, as both parties have thus admitted every allegation in the Complaint. Such a reading is absurd as a factual matter, and does not comport with the laws of evidence. In context, it is clear that this statement, although very unfortunately worded, was not an admission that everything alleged is true. Rather, it is an assertion that, to the extent Bauknecht is found liable for any of the alleged actions, Graymont must be required to indemnify him, because if he undertook the actions, they would have been approved by, or are otherwise attributable to Graymont.

First, there are different types of admissions. “Judicial admissions are formal concessions in the pleadings, or stipulations by a party or its counsel.... ” Keller v. United States, 58 F.3d 1194, 1198 n. 8 (7th Cir.1995). Such formal concessions “must be deliberate, clear and unambiguous.” Robinson v. McNeil Consumer Healthcare, 615 F.3d 861, 872 (7th Cir.2010) (internal quotation marks omitted). Essentially all other types of party statements are simply evidentiary admissions, and may thus be admissible evidence under Federal Rule of Evidence 801(d)(2). See Murrey v. United States, 73 F.3d 1448, 1455 (7th Cir.1996). The. difference between these two types of admissions is crucial, because judicial admissions are conclusive, while evidentiary admissions can later be controverted or explained by the party. Keller, 58 F.3d at 1198 n. 8.

Bauknecht’s statement in the letter at issue, through his counsel, is not a judicial admission. It was not made during any legal proceedings; rather, it was written in a letter to another attorney. It also is not a deliberate and unambiguous formal concession. However, as a statement made by Bauknecht’s attorney, it is an evidentiary admission by a party opponent that would not be subject to a hearsay objection. Fed.R.Evid. 801(d)(2). As such, if admitted into evidence, it could still be contradicted, and thus is not dis-positive of any issues in this case.

Bauknecht makes several arguments for why the contents of the letter should not be admissible as a judicial admission. As explained above, the Court has not adopted the statement as a judicial admission and is merely treating it as an eviden-tiary admission. Even so, the Court addresses Bauknecht’s arguments in the event that they also apply to evidentiary admissions. First, he argues that this is not an admission because the word attribute or attribution does not mean admit or admission. That, of course, is true. But it does not mean that Bauknecht’s statements were not evidentiary admissions. Under Bauknecht’s argument, all admissions would need to begin with the magic words, “I admit.” Here, First Financial relies upon a possible implication of Bauk-necht’s attorney’s statement that if “all actions attributed to Bauknecht in the complaint were either known to or authorized by appropriate officers of the State Bank of Graymont” then those actions must have actually occurred. {See PL’s Ex. 2, Doc. 111-2).

Second, Bauknecht argues that the statement is a legal conclusion that Bauk-necht was acting within his employment relationship with Graymont. It may well have been Bauknecht’s attorney’s intent to demand indemnification from Bauknecht’s employer. However, that is not the way in which First Financial is attempting to use the statement. Instead, First Financial is attempting to use the statement as evidence that Bauknecht engaged in the activities constituting the factual underpinnings of its complaint.

Third, Bauknecht argues that he never adopted or consented to the statement in the letter, although he was copied on it. However, there is no requirement in the federal rules that a party opponent adopt or consent to comments made by its agent or employee on a matter within the scope of that relationship. See Fed.R.Evid. 801(d)(2)(D). Here, Bauknecht’s attorney wrote the letter on Bauknecht’s behalf, and the letter concerned the matter in which Bauknecht had retained him. Therefore, the provisions of Rule 801(d)(2)(D), which pertain to admissions through an employee or agent, apply rather than the provisions of Rule 801(d)(2)(B), which pertain to admissions through adoption. Cf. United States v. Jung, 473 F.3d 837, 841 (7th Cir.2007).

This is an evidentiary admission as to Bauknecht only. Plaintiff relies on Rule 801(d)(2)(B), and argues Graymont adopted this admission by failing to object to it and agreeing to indemnify Bauknecht. Plaintiff thus argues Graymont must have believed Bauknecht’s statement was true because it agreed to the demanded indemnification. But that is not necessarily the case. Graymont’s agreement to indemnify Bauknecht likely has nothing to do with whether Bauknecht acted as the Complaint alleges, and instead depends upon preexisting agreements between the two Defendants. Graymont did not adopt this admission. There was also no reason Graymont should have objected in any from to Bauknecht’s statement.

'Defendants also argue that this evidence, even if an evidentiary admission, should be inadmissible for other reasons. Bauknecht cites Rule 411, which prohibits use of insurance coverage as evidence to prove liability. That is not what Plaintiff is attempting to do; its focus is not on the existence of insurance, which is not even apparent from the letter, but on the statement concerning liability. The Court also sees no basis to exclude, the statement under Rule 403- at this time. Accordingly, the statement is evidence, not weighed at the summary judgment stage, that supports Plaintiffs claim that Bauknecht is liable. As to Graymont, the statement is hearsay that may be inadmissible if used to prove that Graymont did authorize Bauknecht’s actions; it thus is not used in that regard in ruling on the pending Motions.

First Financial’s Eight Counts

I. Breach of Contract

Plaintiff alleges Bauknecht breached the confidentiality agreement, and should be liable to it for breach of contract. The contract at issue is the Confidentiality Agreement Bauknecht signed on June 6, 2002, while an employee of PNB, Plaintiffs predecessor. Plaintiff cites five ways in which it claims Bauknecht breached this agreement. Bauknecht, in his Motion, argues he is entitled to judgment as a matter of law on this claim.

To prove a breach of contract, a plaintiff must prove the existence of an enforceable contract, performance by the plaintiff, breach by the defendant, and harm from the breach. E.g., Horwitz v. Sonnenschein Nath & Rosenthal LLP, 399 Ill.App.3d 965, 339 Ill.Dec. 459, 926 N.E.2d 934, 942 (2010).

A. Bauknecht’s Motion

Bauknecht argues Plaintiff does not have standing to enforce the Confidentiality Agreement, because it was an agreement between Bauknecht and PNB, not with Plaintiff. It is undisputed that PNB changed its name to Freestar in 2006, and that Plaintiff and Freestar then merged in December 2011. The'change in a corporation’s name has no effect on its ability to enforce a contract. See Terminal Freezers, Inc. v. Roberts Frozen Foods, Inc., 41 Ill.App.3d 981, 354 N.E.2d 904, 908 (1976). Pursuant to Illinois law, the effect of a merger is that the surviving corporation “possesses] all the rights, privileges, immunities, and franchises, as of a public or a private nature, of each of the merging or consolidating corporations,” and all property, debts, and “all and every other interest” of the merging corporations are “deemed to be transferred to and vested in” the surviving corporation “without further act or deed.” 805 Ill. Cómp. Stat. 5/11.50(4). Although Plaintiff cites no cases applying this provision to facts similar to the present case, it seems quite clear that Plaintiff, as the surviving corporation after its merger with Freestar, possessed all of Freestar’s rights and interests, including those under the Confidentiality Agreement with Bauknecht. Freestar retained those rights despite its change in name from PNB since the contract was signed. Thus, even if the Confidentiality Agreement was not specifically assigned by PNB to Freestar or Freestar to Plaintiff, Plaintiff is able to enforce its inherited rights under the Agreement as the surviving corporation after the merger.

Bauknecht also argues the contract is unenforceable because it contains no limit on the geography or duration of the requirement that Bauknecht not disclose confidential information. This argument is without merit for several reasons. While true that non-disclosure agreements without a geographical or durational limit may be unenforceable, see Disher v. Fulgoni, 124 Ill.App.3d 257, 79 Ill.Dec. 735, 464 N.E.2d 639, 644 (1984), there was a duration limit of two years in the Confidentiality Agreement. Further, the lack of geographical or durational limits does not make a duty to maintain secrecy in a confidentiality agreement unenforceable, even if it is not limited specifically to protection of trade secrets. See 765 Ill. Comp. Stat. 1065/8(b)(l) (“[A] contractual or other duty to maintain secrecy or limit use of a trade secret shall not be deemed void or unenforceable solely for lack of durational or geographical limitation on the duty.”); Coady v. Harpo, Inc., 308 Ill.App.3d 153, 241 Ill.Dec. 383, 719 N.E.2d 244, 250 (1999).

Bauknecht makes two final arguments. He seems to argue that because the Confidentiality Agreement is only enforceable for two years following the end of employment, and his employment with PNB ended in 2006, the Agreement no longer restricted him from disclosing confidential information. He also argues that First Financial cannot enforce the contract because the limited time period for which he worked for First Financial cannot serve as adequate consideration for the agreement. For similar reasons to those given above, these argument also fail. PNB changed its name to Freestar, and later merged with Plaintiff. Through this merger, Bauknecht retained his employment without notable change. His employment clearly ended, for purposes of the time limit on the restriction of disclosing confidential information, in January 2012. His alleged actions thus fell well within the two-year time period. He was also consistently employed by PNB or its successors since the day he signed the confidentiality agreement.

Bauknecht does not argue he did not disclose confidential information under the agreement as Plaintiff alleges. As his legal arguments against enforcement or applicability of the contract fail, he thus is not entitled to summary judgment on this claim.

B. First Financial’s Motion

In its motion, First Financial argues the undisputed facts demonstrate that Bauk-necht breached the Confidentiality Agreement by disclosing to Graymont the identities of First Financial’s customers and customer account information. Bauknecht does not challenge First Financial’s assertion that he disclosed confidential information.

1. Breach

Pursuant to the Confidentiality Agreement, Bauknecht agreed that he would “hold in strict confidence and refrain from disclosing to others ... confidential information ... [which] shall include ... customer financial records or related information; [and] any existing or subsequently created customer, or potential customer lists ...” (Pl.’s Ex. 17, Doc. 109-7, at 1).

Plaintiff argues that Bauknecht breached the agreement on five occasions: he created the list of 73 customers from memory, created a list of customers that he had moved to Graymont or planned to move to Graymont, took the master database of contact information, took the open loan documents, and told Graymont how much one customer kept in its deposit account. Plaintiff has not presented any evidence the Bauknecht shared the open loan documents with Graymont or that he shared the master database with Graymont. However, it is undisputed that both Bauk-necht’s list of 73 and his list of low hanging fruit include First Financial customers and it is also undisputed that Bauknecht specifically remembered certain people as First Financial’s customers when he made this list. Further, Bauknecht does not dispute that he disclosed the size of a commercial customer’s deposit account.

Each of these undisputed disclosures falls squarely within a category of information covered by the language of the confidentiality agreement. Therefore, the court finds that undisputed material evidence shows that Bauknecht breached his confidentiality agreement with First Financial. See Stampede Tool Warehouse, Inc. v. May, 272 Ill.App.3d 580, 209 Ill.Dec. 281, 651 N.E.2d 209, 217 (1995); Delta Med. Sys. v. Mid-Am. Med. Sys., Inc., 331 Ill.App.3d 777, 265 Ill.Dec. 397, 772 N.E.2d 768, 785 (2002)(noting that restrictive covenants limit former employees’ rights to compete through solicitation of former customers).

2. Damages

However, First Financial has not presented undisputed evidence of damages. In support of its claim for damages, First Financial has provided a spreadsheet that it claims “itemize[s] its lost profits to the penny on each of the loans it has lost because of Defendants’ unlawful acts.” (Doc. 109 at 47). The spreadsheet includes information regarding 46 loans taken out by 28 customers who moved their loans from First Financial to Graymont. First Financial claims that the spreadsheet is a summary of over 500 pages of loan documents. It uses those data points to calculate lost profits.

This document is inadmissible for this purpose. A party “may use a summary, chart, or calculation to prove the content of voluminous writings, recordings, or photographs that cannot be conveniently examined in court.” Fed.R.Evid. 1006. In United States v. White, the Seventh Circuit held that a spreadsheet that included information regarding 236 property sale transactions was properly admitted under Rule 1006. 737 F.3d 1121, 1135 (7th Cir.2013). However, a party introducing such evidence “must not misrepresent [the underlying documents’] contents or make arguments about the inferences the jury should draw from them.” Id. In White, the spreadsheet “catalogued instances of objective characteristics” about the mortgage transactions, including identities of people who had provided down payments, whether buyers had purchased multiple properties within a short period of time, buyers’ listed employers, and identities of loan officers. See id. at 1134-35. From there, the spreadsheet “added [the instances of these objective occurrences] together,” to create totals. Id. at 1135.

In this case, Plaintiffs spreadsheet is inadmissible under Rule 1006 because it relies upon a number of inferences that a jury could draw and that the Plaintiff has tacitly already made for the factfin-der. See id. at 1135. Rather than serving as a catalogue of “objective characteristics,” the spreadsheet is pure argument. See id.

First, Plaintiff relies upon an improper inference in selecting the universe of loan documents from which it draws the data to populate the spreadsheet. It takes for granted that it lost each of these loans to Graymont because of Bauknecht’s breach. Evidence produced by Defendants — as well as common sense — dictates that this cannot simply be assumed true. For instance, a number of the borrowers listed on First Financial’s damages spreadsheet were not even included in Bauknecht’s List of 73. (Compare PL’s Ex 18, Doc. ill — 13, with Pl.’s Ex. 14, Doc. 111-9). The list’s unreliability is also demonstrated by the fact that Plaintiff includes entries for Baukneeht’s relatives. (See, e.g., PL’s Ex. 18, Doc. 111-13; Pi’s Ex. 1, Doc. 111-1, at 138). They could have been motivated to move loans by many reasons, including simply receiving news of their relative’s new employer. Finally, Defendants have produced evidence that a number of First Financial’s customers brought their business to Graymont for reasons entirely independent of Bauknecht’s solicitation. A reasonable jury could believe that some or all 'of First Financial’s damages were self-inflicted or not otherwise attributable to Bauknecht.

Second, Plaintiffs actual calculations of lost profits rely upon unverified inferences that should be left for a jury to draw. Imbedded in this spreadsheet is the assumption that borrowers regularly wait until the contractual maturity date to repay their loans and never make partial or full prepayments in the absence of the malfeasance of a competitor. It may be true that the spreadsheet accurately cata-logues data points contained in loan files such as the dates when the customers prepaid their loans with Plaintiff, but the cause for such prepayment cannot be assumed and definitely cannot be relied upon as an objective fact. Unfortunately, Plaintiff uses those data points, which are based upon faulty assumptions, to calculate the amount of projected income it lost in the form of interest payments. Such a calculation is an inference that does not take into consideration the myriad contingencies of life and business.

Plaintiffs Chief Financial Officer Roger McHargue testified that he calculated lost interest income by looking to the number of days between loans’ contractual maturity dates and the days on which they were actually paid off. (PL’s Ex. 28, Doc. 131-4, at 154). For example, if a loan has a maturity date of January 1, 2015 but the borrower will pay it off on December 1, 2014, there would be 31 days between the contractual maturity date and the payoff date. On each of these days, a bank would lose interest payments it would receive if the borrower waited to pay the balance until the loan’s maturity date. Again, there cannot be any underlying data point contained in the range of produced documents that establishes, as an objective fact, that those borrowers would have waited until the contractual maturity date to fully repay their loans. See White, 737 F.3d at 1135.

Both the criteria used to select loans on the spreadsheet — the fact that those customers moved from First Financial to Graymont — and the calculations used to assess damages are based upon inferences and assumption. Therefore, the spreadsheet is inadmissible as substantive evidence under Rule 1006. See Fed.R.Evid. 1006; White, 737 F.3d at 1135.

First Financial’s next argument is that the Court must accept its damages calculations because neither Defendant has disclosed how much money Graymont has made on those loans. In making this point, it relies upon an unpublished case brought by a company that lost an exclusive distribution contract after its consultants shared trade secrets with a competitor. See Lucini Italia Co. v. Grappolini, No. 01 C 6405, 2003 WL 1989605 (N.D.Ill. Apr. 28, 2003). In Lucini Italia, the Court credited the plaintiffs damages forecast, noting that “specific and certain proof of the actual amount of losses is not required” when “a defendant’s unlawful act keeps a plaintiff out of a market.” Id. at *19. The court drew the inference that the defendants’ sales and profits, if disclosed, would support the plaintiffs damage calculations. Id. Lucini Italia is inap-posite. There, the defendant attempted to eliminate competition by completely shutting the plaintiff out of the market. Id. In this case, however, Graymont and First Financial remain competitors in the same market space. There is nothing keeping First • Financial from trying to take back its prior customers. See id. Therefore, it would be inappropriate to draw the same inference from the facts presented here that the court drew in Lucini Italia.

For these reasons, the Court denies Bauknecht’s motion for summary judgment on Count I. First Financial has established that Bauknecht breached his confidentiality agreement, and summary judgment is therefore granted on the issue of liability alone, but not damages. There is a genuine issue of material facts as to damages that a jury must resolve.

II. Breach of Fiduciary Duty

Plaintiff alleges Bauknecht breached his fiduciary duty of loyalty in five ways: (1) using Plaintiffs computer system to create the master database of customers that he later used to compete against Plaintiff; (2) conducting targeted inquiries into Plaintiffs customer’s loans so he could bring that information and deposit account information to Graymont; (3) stealing bank property from Plaintiff; (4) denying Plaintiff access to his work phone, which he used to compete against Plaintiff even before he resigned; and (5) coordinating with Graymont about moving over Plaintiffs loans. Both First Financial and Bauk-necht have moved for summary judgment on Count II. For the reasons discussed below, the existence of disputed material facts precludes summary judgment for either party.

In order to prevail on a breach of fiduciary duty claim, a plaintiff must prove that .(1) a fiduciary duty exists, (2) the fiduciary duty was breached, and (3) such breach proximately caused plaintiffs injury. Neade v. Portes, 193 Ill.2d 433, 250 Ill.Dec. 733, 739 N.E.2d 496, 502 (2000).

Under Illinois law, an employee owes a fiduciary duty of loyalty to his employer. Lawlor v. N. Am. Corp. of Illinois, 368 Ill.Dec. 1, 983 N.E.2d 414, 433 (2012); Mullaney, Wells & Co. v. Savage, 78 Ill.2d 534, 37 Ill.Dec. 572, 402 N.E.2d 574; 580 (1980). Employees, however, “may compete with their former employer and solicit former customers so long as there was no demonstrable business activity by the former employee before the termination of employment.” Id. Employees breach their fiduciary duty when they take action, such as downloading or copying employer data, in order to compete with the employer after their employment has ended. See RKI, Inc. v. Grimes, 177 F.Supp.2d 859, 877 (N.D.Ill.2001). This includes, for example, improperly taking customer lists. Veco Corp. v. Babcock, 243 Ill.App.3d 153, 183 Ill.Dec. 406, 611 N.E.2d 1054, 1059 (1993).

In his motion, Bauknecht argues that he did not owe Plaintiff a fiduciary duty of loyalty because he was not Plaintiff’s officer. Although corporate officers’ fiduciary duties of loyalty are broader than those of non-officer employees, and thus subject officers to liability for a greater range of infidelities, Veco Corp., 183 Ill.Dec. 406, 611 N.E.2d at 1059, all employees, regardless of title, owe their employers a duty of loyalty. See Lawlor, 368 Ill.Dec. 1, 983 N.E.2d at 433. It is undisputed that Bauknecht was First Financial’s employee, thus he cannot escape liability on the basis that he was not Plaintiffs officer. Baukneeht’s motion for summary judgment is based upon this fundamental misunderstanding of Illinois law, and is therefore denied.

Plaintiffs motion is also denied, as Bauknecht’s alleged breach of his fiduciary duty turns on disputed facts. Plaintiff claims that Bauknecht “ ‘minted] its databases and computers for loan terms, download[ed] customer lists and other financial documents to a Bank-issued iPad, stor[ed] customer information on his bank-issued smart phone, [and] email[ed] highly confidential ‘Open Loan’ documents and additional customer lists to his private email account from work,” all while he was negotiating an employment agreement with Graymont. (Doc. 109 at 33). Based on the proximity of these events, a reasonable jury could infer that Bauknecht breached his fiduciary duty because he undertook these actions in order to compete against Plaintiff after his employment ended. See RKI, Inc., 177 F.Supp.2d at 877.

However, Bauknecht has introduced evidence that he undertook each of these actions for reasons independent of competition with Plaintiff. For example, he testified in his deposition that he looked up customers out of concern for Plaintiffs business. (See PL’s Ex. 1, Doc. 111-1, at 288 (“I had concerns that if many farmers paid down right after the first of the year, that would decrease the size of the bank”)). He testified that the customer lists remained on his iPad in spite of his efforts to remove them from it. (Id. at 245^16). And he testified that he emailed the two confidential open loans documents from his work email account to his private email account in order to prepare for a First Financial meeting and at the instruction of Plaintiffs IT department. (Id. at 261).

Because a reasonable jury could credit Bauknecht’s reasons for engaging in this behavior, granting judgment on Plaintiffs fiduciary duty claim is premature, since there is a genuine dispute as to the material facts. Plaintiffs motion with respect its fiduciary duty claim is denied.

III. Illinois Trade Secrets Act

Plaintiff alleges that both Bauk-necht and Graymont misappropriated its trade secrets, including customer lists and account information, in violation of the Illinois Trade Secrets Act (ITSA). Under the ITSA, a person is entitled to recover damage for the misappropriation of trade secrets. 765 Ill. Comp. Stat. 1065/4. To establish a violation, a plaintiff must show that (1) a trade secret existed; (2) it was misappropriated through improper acquisition, disclosure, or use; and (3) the misappropriation damaged the trade secret’s owner. Liebert Corp. v. Mazur, 357 Ill.App.3d 265, 293 Ill.Dec. 28, 827 N.E.2d 909, 925 (2005); 765 Ill. Comp. Stat. 1065/2.

Plaintiffs ITSA claim involves a variety of customer lists and financial information, including (1) the list of 73 customers that was created by Bauknecht when he moved to First Financial and served as a mailing, list for his letter announcing his new employment; (2) the master database of all of Bauknecht’s contacts which he created while he was employed by First Financial, a fraction of which include Bauknecht’s First Financial clients; (3) a list of low hanging fruit identifying Bauknecht’s early successes and future challenges in bringing clients to Graymont; (4) lists of open loans held by First Financial clients of Bauknecht and Dustin Smith that included the customer’s name, the note’s origination date and maturity date, the principal balance, and the available line of credit; and (5) the disclosed deposit information of one customer. The gist of First' Financial’s claim is the identities of its customers and their financial needs are economically valuable to its competitors, not generally known to its competitors, were protected by its confidentiality policy and other procedures, and were improperly used by Defendants in order to target potential customers.

Each party has moved for summary judgment on Count III. The Court concludes that First Financial’s customer lists and financial information constitute trade secrets under the ITSA, and also concludes that Bauknecht misappropriated them when he moved from First Financial to Graymont. The issues of Graymont’s liability and damages are disputed, and must be determined by a trier of fact.

A. Trade Secret

The ITSA defines a trade secret as “information, including but not limited to ... [a] list of actual or potential customers” that “is sufficiently secret to derive economic value, actual or potential, from not being generally known to other persons who can obtain economic value from its disclosure or use” and “is the subject of efforts that are reasonable under the circumstances to maintain its secrecy or confidentiality.” 765 Ill. Comp. Stat. 1065/2(d). Plaintiff has produced undisputed evidence sufficient to show that the customer lists and financial information are secret and economically valuable and that it took reasonable steps to keep the information confidential.

1. Sufficient Secrecy

The first issue is whether the allegedly misappropriated information is sufficiently secret to derive economic value. Plaintiff claims that it is, relying upon the circular argument that Defendants would not have taken the information if it did not have value. Defendants argue that it is not because such information is readily available in public sources. The Court finds that First Financial’s open loan lists are sufficiently secret to derive economic value.

Under appropriate circumstances, a list of actual or potential customers may qualify as a trade secret, but such a determination turns on the facts of a case. Multiut Corp. v. Draiman, 359 Ill.App.3d 527, 295 Ill.Dec. 818, 834 N.E.2d 43, 50 (2005). Protection reflects “a balancing of conflicting social and economic interests,” in which employers should be able to protect trade secrets into which they have “invested substantial time, money, and effort” but employees in competitive markets “must be entitled to utilize the general knowledge and skills acquired through experience in pursuing his chosen occupation.” Delta Med. Sys. v. Mid-America Med. Sys., Inc., 331 Ill.App.3d 777, 265 Ill.Dec. 397, 772 N.E.2d 768, 780 (2002).

Illinois courts have used demanding language to describe the threshold showing needed for customer lists to qualify as sufficiently secret, sometimes requiring that plaintiffs show they have “developed the information over a number of years, at great expense, and kept the information under lock and key.” Am. Wheel & Eng’g Co. v. Dana Molded Prods., Inc., 132 Ill.App.3d 205, 87 Ill.Dec. 299, 476 N.E.2d 1291, 1295 (1985). Courts have also turned their focus to “the ease with which information can be readily duplicated without involving considerable time, effort, or expense.” Stampede Tool, 209 Ill.Dec. 281, 651 N.E.2d at 215. In many cases, courts do both. See, e.g., Delta Med. Sys., 265 Ill.Dec. 397, 772 N.E.2d at 781 (holding the trial court abused its discretion when it concluded that a mammography equipment dealer’s customer list was a trade secret because the company “presented no [evidence] ... as to the amount of effort expended in acquiring its customer list,” which could “be duplicated with little effort” by “merely looking in the yellow pages or from a FOIA request”); Stampede Tool, 209 Ill.Dec. 281, 651 N.E.2d at 215-16 (holding that a tool distributor established that its customer list was sufficiently secret because it would have cost a great deal of time and effort to recreate it, and it required a substantial amount of, time, effort, and expense to develop). Both factors need not be present if a list is developed through relationships. In Liebert Corp. v. Mazur, the court concluded that a computer network protection company’s customer list was sufficiently secret because it required “discovering and developing relationships with appropriate buyers,” an undertaking conducted over a span of thirty-five years. 357 Ill.App.3d 265, 293 Ill.Dec. 28, 827 N.E.2d 909, 923 (2005). This value-added was sufficient to accord the list trade secret status in spite of the fact that a competitor could find the identity of all of .its customers in an online industry directory. Id.

Without the value-added of developed relationships, however, courts decline to accord trade secret status when customer lists are readily reproducible. For example, in Hamer Holding Group, Inc. v. Elmore, the court held that a customer list comprised of non-profit organizations was not a trade secret because it was simply distilled from a publicly available list held by the Illinois Secretary of State. 202 Ill.App.3d 994, 148 Ill.Dec. 310, 560 N.E.2d 907, 1011 (1990). Even though the court acknowledged that distilling names from the list was costly, it concluded that “anyone having access to the Secretary’s information could have easily duplicated the same process of ‘distillation.’ ” Id.

This is especially true in industries where potential customers are easily identifiable because of broad and non-specific needs. For example, in Carbonic Fire Extinguishers Inc. v. Heath, the court' held that customer lists and pricing information were not trade secrets for a business that serviced fire extinguishers and cleaned restaurant hoods because the service is commonly used by most restaurants. 190 Ill.App.3d 948, 138 Ill.Dec. 508, 547 N.E.2d 675, 677 (1989). Therefore, the court reasoned that any potential- competitor could easily compile a list of potential customers that included the plaintiffs customers “simply by contacting restaurants through the telephone directory.” Id. More recently, in System Development Services, Inc. v. Haarmann, the court held that a computer network services company’s customer list was not a trade secret because “computers and computer networks are common business tools ... [and] [l]ocating potential customers is merely a matter of identifying businesses in a particular ... area and looking up their contact information.” 389 Ill.App.3d 561, 329 Ill.Dec. 744, 907 N.E.2d 63, 75 (2009). There, because the customer list was simply a list of names, addresses, and telephone numbers that was not differentiated by business type, the court concluded that the plaintiff was trying to protect a list that was “susceptible to common knowledge.” Id., 329 Ill.Dec. 744, 907 N.E.2d at 76. Such customer lists are distinct from customer lists developed by businesses that serve diffuse customers that have particular needs. See, e.g., Elmer Miller, Inc. v. Landis, 253 Ill.App.3d 129, 192 Ill.Dec. 378, 625 N.E.2d 338, 342 (1993) (granting trade secret status to a custom tailor’s customer list).

Although the evidence that Plaintiff has provided is limited, the customer lists are sufficiently secret to derive economic value. Plaintiff has not provided any evidence as to the cost of development of its customer list. See Am. Wheel & Eng’g Co., 87 Ill.Dec. 299, 476 N.E.2d at 1295. However, Plaintiff has provided undisputed, but thin, evidence that identifying and developing customers does take effort. See Stampede Tool, 209 Ill.Dec. 281, 651 N.E.2d at 215. First, Plaintiff has presented undisputed evidence that developing banking customers requires building relationships with them. Bauknecht himself affirmed the importance of relationships in his letter announcing his move to Graymont, writing, “At the State Bank of Graymont, my clients will continue to come first and loan decisions will be made by people who know you and know how you operate your business ... Your financial needs will always be put first.” (Pl.’s Ex. 13, Doc. 109-6). And he admitted in his deposition that relationships are important, take years arid hard work to maintain, and First Financial Bank and Frees-tar Bank were “all about relationships.” (Pl’s Ex.'l, Doc. 111-1, at 27). Therefore, First Financial’s customer list resembles the list in Liebert Corporation, which was sufficiently secret and built through “discovering and developing relationships with appropriate buyers.” 293 Ill.Dec. 28, 827 N.E.2d at 923. See also Stampede Tool, 209 Ill.Dec. 281, 651 N.E.2d at 216 (discussing the importance of relationships in prospecting).

Further,' evidence tends to show that First Financial’s customer list could not be duplicated with little effort. See Delta Medical Sys., 265 Ill.Dec. 414, 772 N.E.2d at 792. Défendants argue that Bauknecht created his customer lists easily, simply through his memory and with a phone book. But this argument does riot speak to how easy it might be to recreate the list without prior knowledge of its contents. Both Plaintiff and Bauknecht agree that “obtaining agricultural borrower names would require an individual to go to a courthouse with a name and look up mortgages one-by-one.” (Doc. 109 at 20; Doc. 116 at 9). And, unlike in Carbonic Fire Extinguishers, 138 Ill.Dec. 508, 547 N.E.2d at 677, where the customer list could be reproduced by reference to business listings, and in System Development Services, 329 Ill.Dec. 744, 907 N.E.2d at 75, where the list could be reproduced by identifying all businesses in a geographic area, here two parties agree that reproducing a list of borrowers would require already knowing the identity of potential borrowers. Graymont disputes this fact, and provides evidence that competitors could obtain customer identities’ and financial information by reviewing reports prepared by a third-party service, reviewing state Uniform Commercial Code filings, and reviewing USDA payments. (Gray-mont Ex. 2, Doc. 106-4, at 25-26). Even so, Minnaert testified that with that information, a person still would not be able to identify all customers or identify a bank’s largest customers. (Id. at 29).

Finally, Plaintiffs customers have tailored and unique needs. Information present in the open loans documents, including loan origination dates, loan maturity dates, loan amounts, and available credit, is helpful in identifying the particular financial needs that individual clients have. Compare Elmer Miller, 192 Ill.Dec. 378, 625 N.E.2d at 342 with Carbonic Fire Extinguishers, Inc., 138 Ill.Dec. 508, 547 N.E.2d at 677. As Graymont’s corporate representative testified, there is value in this information that is not publically available. Even if Graymont could have identified each of the customers through publicly available sources, Bauknecht’s relationships and unique knowledge of their specific financial needs provided additional economic value. See Liebert Corp. v. Mazur, 293 Ill.Dec. 28, 827 N.E.2d at 923.

2. Reasonable Efforts to Maintain Secrecy or Confidentiality

In determining whether a customer list is a trade secret, the manner in which an employer maintains its confidentiality is the most important factor. Alpha School Bus Co., Inc. v. Wagner, 391 Ill.App.3d 722, 331 Ill.Dec. 378, 910 N.E.2d 1134, 1152 (2009). The determination of “[w]hether the measures taken by a trade secret owner are sufficient to satisfy the Act’s reasonableness standard ordinarily is a question of fact for the jury.” Learning Curve Toys, Inc. v. PlayWood Toys, Inc., 342 F.3d 714, 725 (7th Cir.2003). However where, as here, Plaintiff has provided ample evidence of measures that it took to secure its confidential information, summary judgment is appropriate. Plaintiff has presented undisputed evidence that it took the types of precautions that Illinois courts have considered reasonable, and Defendants have responded by presenting evidence that Plaintiffs confidential information remained unsecured in spite of these precautions. Defendants’ evidence does not create a genuine factual dispute as to the reasonableness of Plaintiffs efforts to keep its customer lists confidential.

Illinois courts have looked to a variety of factors in assessing the reasonableness of security measures taken by plaintiffs, including whether a plaintiff implemented efforts to keep confidential information secure, informed employees of the information’s confidential value, and required non-disclosure agreements. Nondisclosure agreements, such as the confidentiality agreement that Bauknecht signed, are important evidence of reasonable steps. See Liebert Corp., 293 Ill.Dec. 28, 827 N.E.2d at 923-24. However, confidentiality agreements alone are not sufficient to meet the reasonableness standard. See Arcor v. Haas, 363 Ill.App.3d 396, 299 Ill.Dec. 526, 842 N.E.2d 265, 271 (2005) (holding trial court abused its discretion in granting a preliminary injunction when trade secret holder relied solely on a confidentiality agreement to protect its information). Rather, Illinois decisions suggest that employers must show employee understanding of confidentiality. See Gillis Associated Indus. v. Cari-All, Inc., 206 Ill.App.3d 184, 151 Ill.Dec. 426, 564 N.E.2d 881, 886 (1990) (suggesting plaintiff could show reasonable measures taken by demonstrating “employees understood that lists were to be kept confidential”); Liebert Corp., 293 Ill.Dec. 28, 827 N.E.2d 909, 923-24 (noting that in the absence of a confidentiality agreement, plaintiff must “show, at a minimum, that its employees understood he information was to be kept confidential.”).

In this case, the parties do not dispute that Bauknecht understood that the customer information was confidential. And it is undisputed that Bauknecht signed a confidentiality agreement that covered customer information while employed by First Financial’s predecessor. Therefore, Plaintiff has provided sufficient evidence to survive Defendants’ summary judgment motion on this ground. See, e.g., Gillis, 151 Ill.Dec. 426, 564 N.E.2d at 886.

Plaintiff has provided further evidence that it took reasonable steps, pointing to measures that it took to keep its documents secure. Specifically, it has presented evidence that employees needed security codes to access its computer system and it has presented evidence that employees were instructed in how to remove confidential information from personal iPads. In Stampede Tool, the court held that the company’s customer list was reasonably co