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A confidentiality agreement is a binding contract between two parties that prevents the disclosure of sensitive information learned during their relationship. It protects intellectual property and trade secrets, ensuring they are not shared with others. While similar to a nondisclosure agreement (NDA), a confidentiality agreement is broader and may not be limited to just confidentiality issues. An NDA may include other provisions and is typically used in deals or transactions, while a confidentiality agreement is often used in employment relationships.
