A company might ask for confidentiality agreements from its employees to protect intellectual property or because of copyright law. Sometimes, organizations have proprietary or confidential information that, if shared with the competition, could cause the company to lose its competitive edge. Employee confidentiality agreements can be used to legally protect that information against inappropriate disclosure.
Companies that use independent contractors instead of employees, or in addition to employees, are also required to protect their details from misuse or inappropriate disclosure and require those people to sign an independent contractor confidentiality agreement. The confidentiality agreements are substantially similar, although they are designed according to business objectives.
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