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In this webinar, Matt Crowley discusses the importance of confidentiality agreements for employees and independent contractors. These agreements are crucial because employees possess sensitive information, such as trade secrets, software codes, architectural details, customer lists, and internal pricing strategies. He emphasizes that confidential information includes specifics about clients, such as decision-makers, which companies like IBM may have. To safeguard this information, Crowley recommends designing a comprehensive employee confidentiality agreement, also referred to as a non-disclosure agreement for proprietary inventions.