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The text discusses the importance of a confidentiality agreement, specifically a proprietary information and inventions agreement, for employees and consultants in a company. It emphasizes that this is a crucial agreement that every company should have in place from the start and that every employee and consultant should sign. The text mentions potential challenges in getting individuals to sign the agreement retroactively and highlights the importance of having such agreements in place, especially if individuals were involved in inventing technology for the company.