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Below, is a simple mutual non disclosure agreement template.  Do be sure to read the article about the pros and cons of using a non disclosure agreement (and the difference between one-way and mutual NDA’s) before you use it however - so you know just where you stand.

You can obtain considerably more complex (and longer) mutual non disclosure agreement templates, and while I favour
short one-way nondisclosure agreements, mutual nondisclosure agreements can sometimes be longer without a problem (because the conditions bear equally on both parties).

Note 1, Clause 4 ... N stands for the number of years.
Between 3 - 5 is usual.

Note 2, Jurisdiction Country.  Examples - English, Canadian, French. If in the US - “name of state, USA”.

MUTUAL NON DISCLOSURE AGREEMENT


This agreement, as of the date DD/MM/YYYY  between:


NAME OF PARTY 1 .....................................................
of
ADDRESS .................................................................

  
---- AND ----
  
NAME OF PARTY 2 .........................................................
of
ADDRESS .....................................................................
  

This Agreement shall govern the conditions of disclosure by the parties above with respect to certain "Confidential Information" - including but not limited to prototypes, drawings, data, trade secrets and intellectual property legally belonging to the parties.


With regard to the Confidential Information, the parties hereby agree:

1. Not to use the information except for evaluating interest in entering a business relationship

2. Not to disclose the information to others, without the express written permission of the parties, except:

a. when either party can demonstrate by written records the information was previously known;

b. when the information now, or in the future, becomes public knowledge;

c. when lawfully obtained by either party from sources independent of the other party

3. Not to directly or indirectly acquire any interest in, or design, create, manufacture, sell or otherwise deal with any item or product, based upon the information, except as may be expressly agreed to in writing by the parties.


4. That the secrecy obligations of the parties with respect to the information shall continue for a period ending N years from the date hereof.


This Agreement will be governed by Jurisdiction Country Law, and the parties agree to submit to the exclusive jurisdiction of the Jurisdiction
Country
Courts.

IN WITNESS WHEREOF the Parties have hereunto executed this Agreement as of the day and year first above written.


PARTY 1 NAME: __________________________
Signature: _____________________________ Date: ____________

PARTY 2 NAME: _________________

Signature: _____________________________ Date: ____________





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Back to Non Disclosure Agreements - good, bad, the ugly
   
One-way Non Disclosure Agreement Template

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Mutual
Non Disclosure Agreement Template


A simple mutual NDA for Inventors

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