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In this webinar, Matt Crowley discusses the importance of confidentiality agreements for employees and independent contractors. He emphasizes that these agreements are crucial for protecting trade secret information, which employees may possess, such as software code, architecture, customer lists, pricing structures, and specific client details. Crowley suggests that the best way to protect sensitive information is to implement an employee confidentiality agreement, which serves as a non-disclosure agreement for proprietary inventions. This legal document is essential for maintaining confidentiality and safeguarding valuable company information.