You’re on our United States website. Change region
close
Platform Overview
e-Sign with Lawpath

Non-Disclosure Agreement (Mutual)

This Non-Disclosure Agreement binds both parties in a transaction or venture to not disclose each other's confidential information.
star
star
star
star
star_half
4.6 (320 reviews)
timer
Under 10 minutes
Get 1st document free

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


Who should sign a Non-Disclosure?

Business Partners

Business partners are the most common co-signatories of NDAs, as they may have a relationship where the power is relatively evenly distributed and where both parties are disclosing sensitive information while working together.

Clients

When engaging with clients or potential clients, a business or entity may have the clients sign a non-disclosure agreement when sensitive information is disclosed.

Vendors

A business that relies on third-party vendors who may have access to their confidential information should get the vendor to sign a non-disclosure agreement during their business relationship to ensure their information is protected.

Contractors

Having an independent contractor sign a non-disclosure agreement where they may have access to their confidential information during their employment, would prevent the contractor from acting on the information and protect the contracting entity.

Investors

Investors may be asked to sign a non-disclosure agreement when commercially sensitive information is shared between the parties to ensure the information does not go public, and the information is protected.

It's never beenso easy
stars
Sign-up to a free Lawpath accountLawpath is free to join, and you get one free legal document when you sign-up. Also, you can receive unlimited e-signature requests with your Lawpath account.
local_library
Browse our legal documentsBrowse our legal documents to find the perfect match to cover your business needs. We’ve got Compliance, Employment, Service agreements and more.
drive_file_rename_outline
Collaborate with e-Sign and SharingHaving access to your legal documents has never been easier. You can request e-signature, share the document and download for an efficient collaboration.
Create unlimited legal documents and eSignatures for only $8/month.
Learn more
Here's what people say about Lawpath’s Non-Disclosure Agreement (Mutual)
star
star
star
star
star_outline
Easy to usePdf is free. Need to upgrade to receive editable version
people
Accounts
star
star
star
star
star
Very easy!The document was very easy to create and suits my business well. I think there may be a typo though where it refers to the application instead of the website.
people
Aimee
star
star
star
star
star
Great experienceThe document was easy to create a perfect for my needs.
people
Ella
star
star
star
star
star
Amazing value for freeThe document was easy to create and met my needs, thank you.
people
Nikki
star
star
star
star
star
Quick and easy to completeThe process was simple and quick. My question was answered quickly by the support person.
people
Ruthie
star
star
star
star
star
Hassle free creation of a loan documentWe needed to create a loan contract to document the short term loan of money to a friend. This was so much easier than i had thought and now i feel much more secure lending the money.
people
Private user
star
star
star
star
star
Very helpful!Thanks for your help! Online advice was quick and clear to follow.
people
Vanessa
star
star
star
star
star
SimpleWow- this was way to easy for something i have put of for ages
people
Maurice
star
star
star
star
star
Great experienceThis was such an easy process i will definitely use your services in the future
people
Private user
star
star
star
star
star
So easyThis was so easy and simple to use and looks so professional. What a great solution!
people
Kim J
Powered by
Looking for more documents?
search
Browse all legal documents