RE: How to restore encrypted backups?

Thanks for your reply. As you can see in the backup code I posted below, I passed the value for password as abc12defLHG. I think what you are saying is that since this value is enclosed between <ENCRYPTEDPASSWORD> and </ENCRYPTEDPASSWORD> tags, this is the encrypted form of the password. Well, in that case, I don't have the non-encrypted password. So, to fix my code for future, this is what I need to run to take backup:

EXECUTE master..sqlbackup N'-SQL "BACKUP DATABASE AjayDB TO DISK = ''Z:\WrkFolder\AjayDB_201304011011_full.bak'' WITH COMPRESSION = 1, THREADCOUNT = 4, KEYSIZE = 256, PASSWORD = ''abc12defLHG''"'


And then use abc12defLHG as password to restore when needed. Is my understanding correct?

Ajay