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With the use of a confidentiality statement, otherwise known as a non-disclosure agreement, the parties can keep nonpublic information under wraps. These contracts bind the parties to very specific pledges on the disclosure of information and are enforceable under the laws of the state where they are created.

A confidentiality agreement can protect most information that isn’t on public record. This can include: Intellectual property and proprietary information, including: Secret formulas.