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Business

Mutual Non-Disclosure Agreement (NDA)

A two-way NDA for when both sides will share confidential information — early partnership talks, vendor evaluations, or joint pitches.

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Free general-purpose template, not legal advice. Fill in the placeholders and consider having a lawyer review it before you rely on it.

1. Parties

This Mutual Non-Disclosure Agreement ("Agreement") is entered into as of [Effective Date], by and between [Party A Name], located at [Party A Address] ("Party A"), and [Party B Name], located at [Party B Address] ("Party B"), each individually a "Party" and together the "Parties."

2. Purpose

The Parties wish to explore a potential business relationship in connection with [Purpose of Discussion] (the "Purpose"). In connection with the Purpose, each Party may disclose to the other certain confidential and proprietary information.

3. Confidential Information

"Confidential Information" means any non-public information disclosed by one Party ("Disclosing Party") to the other ("Receiving Party"), whether oral, written, or in any other form, that is designated as confidential or that a reasonable person would understand to be confidential given the nature of the information and the circumstances of disclosure — including business plans, financial information, customer lists, product designs, and technical data.

4. Exclusions

Confidential Information does not include information that: (a) is or becomes publicly available through no fault of the Receiving Party; (b) was rightfully known to the Receiving Party before disclosure; (c) is rightfully received from a third party without breach of any confidentiality obligation; or (d) is independently developed by the Receiving Party without use of the Disclosing Party’s Confidential Information.

5. Obligations of the Receiving Party

The Receiving Party shall: (a) hold the Confidential Information in strict confidence; (b) not disclose it to any third party without the Disclosing Party’s prior written consent; (c) use it solely to evaluate or pursue the Purpose; and (d) protect it with at least the same degree of care it uses for its own confidential information, and in no case less than a reasonable degree of care.

6. Term

This Agreement remains in effect for [Term, e.g. 2 years] from the Effective Date. The confidentiality obligations survive for [Survival Period, e.g. 3 years] after termination or expiration of this Agreement.

7. Return of Materials

Upon the Disclosing Party’s written request, the Receiving Party shall promptly return or destroy all documents and materials containing Confidential Information.

8. No License

Nothing in this Agreement grants either Party any rights to the other Party’s Confidential Information other than as expressly set forth herein.

9. Governing Law

This Agreement is governed by the laws of the State of [State / Jurisdiction], without regard to its conflict-of-laws principles.

10. Signatures

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

Party A Signature: _______________________ Name: _______________________ Date: _______________

Party B Signature: _______________________ Name: _______________________ Date: _______________

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