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The video features a professional product designer and patent specialist who is sharing a gift - a confidentiality agreement, also known as an NDA. This agreement is crucial for protecting your invention, especially if you are based in America, as it outlines how disclosing your invention works. In the US, there is a 12-month grace period after publicly disclosing your invention to file a patent application. Failing to do so within this timeframe can result in losing your patent rights.