Mutual Non-Disclosure Agreement (NDA)
Protect both parties' confidential information during business discussions.
📋 Template
MUTUAL NON-DISCLOSURE AGREEMENT
This Mutual Non-Disclosure Agreement ("Agreement") is entered into as of [Date] by and between:
Party A: [Your Name/Company], located at [Address]
Party B: [Their Name/Company], located at [Address]
1. DEFINITION OF CONFIDENTIAL INFORMATION
"Confidential Information" means any non-public information disclosed by either party, including but not limited to: business plans, financial data, customer lists, technical specifications, trade secrets, and proprietary methodologies.
2. OBLIGATIONS
Both parties agree to:
- Use Confidential Information solely for [purpose — e.g., "evaluating a potential business relationship"]
- Not disclose Confidential Information to any third party without prior written consent
- Protect Confidential Information with the same care used for their own confidential information
3. EXCLUSIONS
Information is NOT confidential if it:
- Was publicly available before disclosure
- Becomes publicly available without breach of this Agreement
- Was independently developed without use of Confidential Information
- Is required to be disclosed by law (with prompt notice to the other party)
4. TERM
This Agreement is effective for [1/2/3] years from the date above. Obligations regarding Confidential Information survive termination for [2/5] years.
5. RETURN OF INFORMATION
Upon termination, each party will return or destroy all Confidential Information.
Agreed:
Party A: _______________ Date: ___
Party B: _______________ Date: ___💡 Pro Tip
Use MUTUAL NDAs (both parties protected) rather than one-way NDAs whenever possible. Always define the specific Purpose in Section 2 — vague purposes make the NDA unenforceable. This is a template; consult a lawyer for high-stakes information.
📌 When to Use This Template
Before sharing sensitive business information in partnership discussions, investor meetings, or contractor relationships.
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