A non-disclosure agreement is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to any others. An NDA may also be referred to as a confidentiality agreement.
Non-disclosure agreements are common for individuals & businesses entering into negotiations with other individuals or businesses. They allow the parties to share sensitive information without fear that it will end up in the hands of competitors. In this case, it may be called a mutual non-disclosure agreement.
Template: Mutual NDA
The content contained in this template is provided for general information purposes only. It is not, and does not purport to be, complete. Likewise, some provisions included herein may not be appropriate for your specific situation or transaction. The provision of this template, and the information contained herein, does not constitute legal advice or opinions of any kind. Your use of this document is at your own risk.
Before utilizing this template, it should be evaluated with the help of your legal and other professional advisors to ensure that it is tailored to the specific circumstances of your situation or transaction.
