This Mutual Confidentiality Agreement, (also known as a mutual non-disclosure agreement / NDA) is for use where both parties intend to disclose confidential information during negotiations.
Frequently both parties will need to disclose confidential information before reaching any commercial agreement. Also the parties may well continue to disclose such information on an ongoing basis, as part of any commercial deal reached.
This legal template will protect that information and ensure the handling of such commercial information is dealt with in a professional manner.
This mutual confidentiality agreement template allows for the situation where either or both parties are individuals or an organisation.
It is important during any negotiations that an element of trust exists so that both parties can discuss commercial terms openly and reach an agreement. However, both parties need to protect their commercial interests during such negotiations, whether an agreement is reached or not.
We would recommend it is used in all negotiations where both parties intend to disclose information, and that no confidential information is disclosed prior to signing.
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