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Non-Disclosure Agreement (Mutual)

This Non-Disclosure Agreement binds both parties in a transaction or venture to not disclose each other's confidential information.
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4.6 (358 reviews)
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Under 10 minutes

Document Overview

This Non-Disclosure Agreement binds both parties in a transaction or venture to not disclose each other's confidential information. It is normally signed alongside other documents key to that transaction or venture, and included as an attachment to those documents. It is drafted to allow both parties to participate in the transaction or venture by sharing sensitive information to the extent required.

This NDA is a binding legal contract. Therefore, when a breach or violation occurs by way of an unauthorized disclosure, you are able to claim rights in dispute against the violating or disclosing party. These rights are outlined in the provisions of this agreement - some resolutions can include;

  • an injunction;
  • damage for loss; and
  • court orders.

This NDA uses broad definitions of the categories of confidential information that are being protected. Parties may wish to add specific details to these definitions as needed

In situations where it will be exclusively, or predominantly, one party sharing sensitive information with the other, parties should instead consider using a one-way Non-Disclosure Agreement.

Use this Non-Disclosure Agreement (Mutual) if:

  • You would like to disclose confidential information in a negotiation and want it not be in the public domain (ie. competitors, successors);

  • You would like to put restrictions on the use of confidential information;

  • You would like to maintain secrecy of information when working with contractors or potential investors;

  • You would access confidential information that belongs to someone else; and

  • You would like to protect confidential information including intellectual property, financial projections, customer lists and trade secrets.

What does the Non-Disclosure Agreement (Mutual) cover?

  • A description of the confidential information;

  • Confidential rights and obligations of the parties;

  • Protection of sensitive information;

  • Return of confidential information at the end of the agreement;

  • Obligations regarding proper use of the information; and

  • Circumstances where disclosure is permitted.

Other names for Non-Disclosure Agreement include:

  • NDA

  • Confidentiality Agreement

  • Confidential Disclosure Agreement (CDA)

  • Proprietary Information Agreement (PIA)

  • Secrecy Agreement (SA)

  • Confidentiality Contract

  • Gag Order

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Here's what people say about Lawpath’s Non-Disclosure Agreement (Mutual)
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Very easyVery easy to create and looks like it covers everything except when you sign up for the free trial you can only download the pdf.
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Edwina
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So easyThis was so easy and simple to use and looks so professional. What a great solution!
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Kim J
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Simple quick and easyDoes a very good job at what it does in producing quick, simple and generic documents. One thing that is a pain is that when i download a .Docx file in chrome for some reason on my machine it converts into a .Txt must be an extension conflict or something i have going on. The other annoying thing is this review box that pops up everytime you hit the download document button. Otherwise 5 stars, very good, easy and quick
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ollie
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It was great !It was extremely easy to create and download. Highly recommended.
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Sydney Wedding Media
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Great processReally helpful to have such accessible and effective documention for small businesses that would otherwise struggle to get something like this done so professionally!. Thanks!
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Robert
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Too easy.So, a free doc for my website. In return, i will chat to the lawpath for future legals.
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rcrta
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Easy and fast to useI needed a contract to work as a sole trader. The template had all the clauses i needed. The only changes i'd like would be to change the address area for australians working remotely overseas. But otherwise, it's a great template
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Alison
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Simple to use but missing some fleibilityThe document was easy to create, but the surprise payment requirement to download the document in word format at the end was disappointing.
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Raphael
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Fast & easyStarting to find contracts to be easy with lawpath
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Thu Tran
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Super easy, extremely impressed!I've actually used a number of policy and form building websites in my time, and i have to say that i am super impressed with how straight forward, and simple this site is to use. I have to also pass comment that aside from making a "login" and an option to "subscribe to premium" that there was no pressure to input super personal information, or billing information. I've had some form builders download malware or other login software to my pc before, and it is soooo hard just to find the source to remove them. Don't ever visit business in a box. Jeepers. But this, is actually such a simple, wonderful, non invasive way to get the job done! Thanks guys!
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