Confidentiality provisions are common in many different settings, including settlements, business transactions and intellectual property agreements. The cost of violating a confidentiality provision often leads to litigation and damages, and significant aggravation. While a few months old, a recent article I read highlighted some real-life examples. Have a look here and here.
Before signing a confidentiality provision, non-compete, or any agreement, know what is being bound—many times the one agreeing is unaware of some of the sweeping terms of the agreement made. The wake-up can be painful.