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NDA

Mutual NDA

A mutual non-disclosure agreement for when both parties share confidential information.

Mutual Non-Disclosure Agreement

This Mutual Non-Disclosure Agreement (this "Agreement") is entered into as of effective_date (the "Effective Date") by and between:

party_a_name ("Party A"); and

party_b_name ("Party B").

Party A and Party B are each referred to herein as a "Party" and collectively as the "Parties."


1. Purpose

The Parties wish to explore purpose (the "Purpose"), and in connection with the Purpose, each Party may disclose to the other Party certain confidential and proprietary information. The Parties desire to set forth the terms and conditions under which such information will be disclosed, received, and protected.

2. Definitions

2.1 Confidential Information

"Confidential Information" means any and all non-public, proprietary, or confidential information disclosed by or on behalf of either Party (the "Disclosing Party") to the other Party (the "Receiving Party"), whether disclosed orally, in writing, electronically, visually, or by inspection of tangible objects, including without limitation:

(a) Business information, including business plans, strategies, forecasts, projections, financial statements, budgets, pricing models, customer lists, supplier information, and marketing plans;

(b) Technical information, including inventions, designs, algorithms, software (including source code and object code), specifications, architectures, protocols, formulas, processes, techniques, and know-how;

(c) Product information, including product roadmaps, development plans, prototypes, samples, and unreleased features or functionality;

(d) Personnel information, including organizational structures, compensation data, and employee identities and qualifications;

(e) Any information designated as "Confidential," "Proprietary," or with a similar marking at the time of disclosure; and

(f) Any information that a reasonable person would understand to be confidential given the nature of the information and the circumstances of disclosure, regardless of whether it is marked as such.

2.2 Receiving Party Representatives

"Representatives" means a Party's officers, directors, employees, agents, advisors (including attorneys, accountants, financial advisors, and consultants), and any affiliated entities, in each case who have a need to know the Confidential Information for the Purpose and who are bound by obligations of confidentiality no less restrictive than those set forth in this Agreement.

3. Obligations of the Receiving Party

3.1 Duty of Confidentiality

The Receiving Party agrees to:

(a) Hold the Disclosing Party's Confidential Information in strict confidence and not disclose it to any third party except as expressly permitted in this Agreement;

(b) Use the Confidential Information solely for the Purpose and not for any other purpose whatsoever, including without limitation for the Receiving Party's own benefit or for the benefit of any third party;

(c) Restrict disclosure of the Confidential Information to its Representatives who have a need to know such information for the Purpose, provided that the Receiving Party shall be responsible for any breach of this Agreement by its Representatives;

(d) Protect the Confidential Information using the same degree of care that the Receiving Party uses to protect its own confidential information of a similar nature, but in no event less than reasonable care; and

(e) Not copy, reproduce, or distribute the Confidential Information except as reasonably necessary for the Purpose.

3.2 Required Disclosures

If the Receiving Party or any of its Representatives becomes legally compelled by applicable law, regulation, or legal process (including a subpoena, civil investigative demand, or similar process) to disclose any Confidential Information, the Receiving Party shall, to the extent legally permitted: (a) provide the Disclosing Party with prompt written notice so that the Disclosing Party may seek a protective order or other appropriate remedy; and (b) disclose only that portion of the Confidential Information which is legally required to be disclosed. The Receiving Party shall cooperate with and assist the Disclosing Party in seeking such protective order at the Disclosing Party's expense.

4. Exclusions from Confidential Information

The obligations of this Agreement shall not apply to information that the Receiving Party can demonstrate by competent evidence:

(a) Was publicly known and generally available in the public domain prior to the time of disclosure by the Disclosing Party;

(b) Becomes publicly known and generally available after disclosure by the Disclosing Party through no wrongful action or inaction of the Receiving Party or its Representatives;

(c) Was already in the possession of the Receiving Party, without obligation of confidentiality, at the time of disclosure by the Disclosing Party, as shown by the Receiving Party's files and records predating such disclosure;

(d) Is obtained by the Receiving Party from a third party without restriction on disclosure and without breach of any obligation of confidentiality to the Disclosing Party; or

(e) Is independently developed by the Receiving Party without use of or reference to the Disclosing Party's Confidential Information, as demonstrated by documented evidence.

A specific disclosure of Confidential Information shall not be deemed to fall within the foregoing exclusions merely because it is embraced by more general information that is publicly available or in the Receiving Party's possession. A combination of features shall not be deemed within such exclusions merely because individual features are publicly available or in the Receiving Party's possession, unless the combination itself and its principle of operation are publicly available or in the Receiving Party's possession.

5. Return and Destruction of Confidential Information

Upon the written request of the Disclosing Party or upon termination or expiration of this Agreement, the Receiving Party shall, at the Disclosing Party's option, promptly:

(a) Return to the Disclosing Party all tangible materials containing or embodying Confidential Information (including all copies, extracts, and summaries thereof); or

(b) Destroy all such materials and provide the Disclosing Party with a written certification signed by an authorized officer of the Receiving Party confirming that all such materials have been destroyed.

Notwithstanding the foregoing, the Receiving Party may retain copies of Confidential Information to the extent required by applicable law, regulation, or bona fide document retention policies, provided that such retained Confidential Information shall remain subject to the terms of this Agreement.

6. No License or Other Rights

Nothing in this Agreement shall be construed as granting any rights, by license or otherwise, in or to any Confidential Information, or under any patent, copyright, trademark, or other intellectual property right of either Party. The Disclosing Party retains all right, title, and interest in and to its Confidential Information.

7. No Warranty

ALL CONFIDENTIAL INFORMATION IS PROVIDED "AS IS." NEITHER PARTY MAKES ANY WARRANTIES, EXPRESS, IMPLIED, OR OTHERWISE, REGARDING THE ACCURACY, COMPLETENESS, OR PERFORMANCE OF ANY CONFIDENTIAL INFORMATION, AND EACH PARTY EXPRESSLY DISCLAIMS ANY AND ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

8. No Obligation to Proceed

Nothing in this Agreement shall obligate either Party to proceed with any transaction or business relationship. Either Party may, in its sole discretion, terminate discussions and negotiations at any time without liability to the other Party.

9. Remedies

Each Party acknowledges that the Confidential Information of the Disclosing Party is unique and valuable, and that disclosure or use of such Confidential Information in breach of this Agreement would cause irreparable harm to the Disclosing Party for which monetary damages alone would be inadequate. Accordingly, each Party agrees that the Disclosing Party shall be entitled to seek equitable relief, including injunction and specific performance, in addition to all other remedies available at law or in equity, without the necessity of proving actual damages or posting any bond or other security.

10. Term and Survival

This Agreement shall remain in effect for a period of term_years years from the Effective Date (the "Term"), unless earlier terminated by either Party upon thirty (30) days written notice to the other Party. The obligations of confidentiality set forth in this Agreement shall survive the termination or expiration of this Agreement for a period of two (2) additional years following such termination or expiration, provided that for any Confidential Information constituting a trade secret under applicable law, the obligations of confidentiality shall continue for so long as such information remains a trade secret.

11. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of the State of governing_state, without regard to its conflict of law principles. Each Party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts located in governing_state for the purpose of any suit, action, or other proceeding arising out of or relating to this Agreement.

12. General Provisions

12.1 Entire Agreement

This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior or contemporaneous oral or written agreements, representations, and understandings.

12.2 Amendments

This Agreement may not be amended or modified except by a written instrument signed by both Parties.

12.3 Assignment

Neither Party may assign this Agreement or any of its rights or obligations hereunder without the prior written consent of the other Party, except that either Party may assign this Agreement to a successor in connection with a merger, acquisition, or sale of all or substantially all of its assets.

12.4 Severability

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect, and the invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid and enforceable.

12.5 Waiver

No failure or delay by either Party in exercising any right, power, or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power, or privilege preclude any other or further exercise thereof.

12.6 Counterparts

This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. Electronic signatures shall be deemed original signatures for all purposes.

12.7 Notices

All notices under this Agreement shall be in writing and shall be deemed duly given when delivered personally, sent by confirmed email, or sent by nationally recognized overnight courier to the addresses set forth below (or to such other address as a Party may designate by written notice).


IN WITNESS WHEREOF, the Parties have executed this Mutual Non-Disclosure Agreement as of the Effective Date.

Party A

party_a_name

[Electronic signature will be collected via zsign]

[Date will be recorded automatically]

Party B

party_b_name

[Electronic signature will be collected via zsign]

[Date will be recorded automatically]

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